First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 193 shares, an increase of 62.2% from the September 30th total of 119 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 7,942 shares, the days-to-cover ratio is presently 0.0 days.
First Trust Small Cap BuyWrite Income ETF Trading Down 0.4%
FTKI opened at $19.38 on Wednesday. The company has a 50 day moving average of $19.65 and a 200 day moving average of $19.75. First Trust Small Cap BuyWrite Income ETF has a 12 month low of $18.12 and a 12 month high of $21.63. The company has a market cap of $25.19 million, a PE ratio of 17.98 and a beta of 0.31.
Institutional Trading of First Trust Small Cap BuyWrite Income ETF
Several institutional investors and hedge funds have recently modified their holdings of FTKI. Commonwealth Equity Services LLC bought a new stake in shares of First Trust Small Cap BuyWrite Income ETF during the 3rd quarter worth $19,197,000. Integrity Alliance LLC. purchased a new position in First Trust Small Cap BuyWrite Income ETF in the third quarter worth $221,000. Wedbush Securities Inc. purchased a new position in First Trust Small Cap BuyWrite Income ETF in the third quarter worth $207,000. Tactive Advisors LLC bought a new position in First Trust Small Cap BuyWrite Income ETF in the third quarter valued at $684,000. Finally, Royal Bank of Canada increased its stake in First Trust Small Cap BuyWrite Income ETF by 203.6% in the first quarter. Royal Bank of Canada now owns 17,582 shares of the company’s stock valued at $340,000 after acquiring an additional 11,791 shares during the last quarter.
About First Trust Small Cap BuyWrite Income ETF
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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