First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Short Interest Update

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 2,836 shares, a growth of 1,012.2% from the November 30th total of 255 shares. Currently, 5.7% of the company’s shares are sold short. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 9.5 days. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 9.5 days. Currently, 5.7% of the company’s shares are sold short.

First Trust Small Cap BuyWrite Income ETF Price Performance

NYSEARCA FTKI traded up $0.04 during trading on Wednesday, reaching $19.13. 203 shares of the company’s stock traded hands, compared to its average volume of 620. The firm has a market cap of $956,500.00, a price-to-earnings ratio of 17.98 and a beta of -0.85. First Trust Small Cap BuyWrite Income ETF has a 12-month low of $16.93 and a 12-month high of $19.96. The company’s 50 day simple moving average is $18.76 and its two-hundred day simple moving average is $18.73.

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.