First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Stock Short Interest Report for September

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 63,447 shares, an increase of 74.7% from the September 15th total of 36,315 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 327,335 shares, the short-interest ratio is currently 0.2 days.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

NASDAQ:FTQI traded down $0.36 on Friday, reaching $21.95. The company’s stock had a trading volume of 332,964 shares, compared to its average volume of 331,373. First Trust NASDAQ BuyWrite Income ETF has a 1-year low of $19.23 and a 1-year high of $22.55. The firm has a market cap of $1.01 billion, a PE ratio of 32.31 and a beta of 0.65. The business’s 50-day moving average price is $22.18 and its two-hundred day moving average price is $21.78.

First Trust NASDAQ BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.2220 per share. This represents a $2.66 annualized dividend and a dividend yield of 12.1%. The ex-dividend date was Thursday, September 24th.

Hedge Funds Weigh In On First Trust NASDAQ BuyWrite Income ETF

Several institutional investors and hedge funds have recently modified their holdings of FTQI. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in First Trust NASDAQ BuyWrite Income ETF during the 3rd quarter worth approximately $33,000. Fifth Third Bancorp bought a new position in First Trust NASDAQ BuyWrite Income ETF in the first quarter valued at approximately $134,000. IMG Wealth Management Inc. boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 16.2% in the first quarter. IMG Wealth Management Inc. now owns 10,806 shares of the company’s stock valued at $215,000 after buying an additional 1,507 shares during the period. NWF Advisory Services Inc. boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 11.1% in the fourth quarter. NWF Advisory Services Inc. now owns 11,000 shares of the company’s stock valued at $229,000 after buying an additional 1,100 shares during the period. Finally, TrueWealth Advisors LLC acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the second quarter valued at approximately $267,000.

About First Trust NASDAQ BuyWrite Income ETF

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.