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

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI – Get Free Report) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 2,901 shares, a drop of 55.5% from the August 31st total of 6,513 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 9,308 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Small Cap BuyWrite Income ETF Trading Up 0.2%

Shares of NYSEARCA FTKI traded up $0.04 during midday trading on Wednesday, reaching $19.20. The company’s stock had a trading volume of 3,850 shares, compared to its average volume of 11,968. The stock has a 50 day simple moving average of $19.96 and a 200-day simple moving average of $19.81. The stock has a market capitalization of $25.92 million, a price-to-earnings ratio of 17.98 and a beta of 0.30. First Trust Small Cap BuyWrite Income ETF has a fifty-two week low of $18.07 and a fifty-two week high of $21.63.

Institutional Investors Weigh In On First Trust Small Cap BuyWrite Income ETF

A hedge fund recently raised its position in First Trust Small Cap BuyWrite Income ETF stock. Royal Bank of Canada lifted its holdings in shares of First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI – Free Report) by 203.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,582 shares of the company’s stock after buying an additional 11,791 shares during the period. Royal Bank of Canada owned about 1.53% of First Trust Small Cap BuyWrite Income ETF worth $340,000 at the end of the most recent quarter.

First Trust Small Cap BuyWrite Income ETF Company Profile

(Get Free Report)

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.

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