Short Interest in First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Drops By 75.9%

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 684 shares, a decrease of 75.9% from the December 15th total of 2,836 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average trading volume of 492 shares, the short-interest ratio is currently 1.4 days. Based on an average trading volume of 492 shares, the short-interest ratio is currently 1.4 days. Currently, 1.4% of the shares of the stock are short sold.

First Trust Small Cap BuyWrite Income ETF Stock Down 0.3%

Shares of NYSEARCA FTKI traded down $0.05 during trading on Tuesday, hitting $19.22. The company had a trading volume of 1,066 shares, compared to its average volume of 6,683. The firm has a market capitalization of $961,000.00, a price-to-earnings ratio of 17.98 and a beta of -0.85. The stock has a fifty day simple moving average of $18.96 and a two-hundred day simple moving average of $18.77. First Trust Small Cap BuyWrite Income ETF has a fifty-two week low of $16.93 and a fifty-two week high of $19.96.

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.