First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Sees Large Drop in Short Interest

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 456 shares, a drop of 33.3% from the December 31st total of 684 shares. Based on an average daily trading volume, of 5,419 shares, the short-interest ratio is presently 0.1 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 5,419 shares, the short-interest ratio is presently 0.1 days.

First Trust Small Cap BuyWrite Income ETF Stock Performance

FTKI traded down $0.12 during midday trading on Friday, reaching $19.23. 276 shares of the company were exchanged, compared to its average volume of 3,599. First Trust Small Cap BuyWrite Income ETF has a one year low of $16.93 and a one year high of $19.96. The company’s fifty day moving average price is $19.09 and its 200 day moving average price is $18.82. The company has a market cap of $1.92 million, a price-to-earnings ratio of 17.98 and a beta of -0.85.

First Trust Small Cap BuyWrite Income ETF Company Profile

The First Trust Small Cap BuyWrite Income ETF (FTKI) is an exchange-traded fund that mostly invests in small-cap stocks. The fund seeks to provide current income and capital appreciation by holding a portfolio of US-listed small cap equities, while utilizing a naked call writing strategy on the Russell 2000 Index or on small-cap ETF. FTKI was launched on Feb 26, 2025 and is issued by First Trust.