First Trust BuyWrite Income ETF (NASDAQ:FTHI) Short Interest Update

First Trust BuyWrite Income ETF (NASDAQ:FTHI) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 146,622 shares, a growth of 52.9% from the July 30th total of 95,878 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 477,681 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On First Trust BuyWrite Income ETF

Several large investors have recently bought and sold shares of the company. Readystate Asset Management LP bought a new position in First Trust BuyWrite Income ETF during the second quarter worth about $375,000. Ameritas Advisory Services LLC grew its stake in First Trust BuyWrite Income ETF by 652.0% in the second quarter. Ameritas Advisory Services LLC now owns 303,003 shares of the company’s stock valued at $7,227,000 after acquiring an additional 262,712 shares during the period. PCG Wealth Advisors LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the second quarter worth about $319,000. Asset Allocation Strategies LLC increased its holdings in shares of First Trust BuyWrite Income ETF by 51.6% in the second quarter. Asset Allocation Strategies LLC now owns 18,477 shares of the company’s stock worth $441,000 after acquiring an additional 6,291 shares in the last quarter. Finally, Advisory Solutions Group LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the second quarter worth about $158,000.

First Trust BuyWrite Income ETF Trading Down 0.3%

Shares of FTHI stock traded down $0.08 on Tuesday, reaching $23.71. The company had a trading volume of 77,594 shares, compared to its average volume of 708,674. The stock has a market cap of $2.41 billion, a PE ratio of 25.34 and a beta of 0.62. The company has a 50-day moving average of $23.85 and a 200-day moving average of $23.67. First Trust BuyWrite Income ETF has a 12 month low of $22.37 and a 12 month high of $24.39.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 31st. Investors of record on Friday, August 21st were issued a dividend of $0.179 per share. The ex-dividend date was Friday, August 21st.

First Trust BuyWrite Income ETF Company Profile

The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.