First Trust BuyWrite Income ETF (NASDAQ:FTHI – Get Free Report) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 94,557 shares, a drop of 47.2% from the December 15th total of 179,053 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 484,828 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 484,828 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.
First Trust BuyWrite Income ETF Stock Up 0.6%
Shares of FTHI stock traded up $0.14 on Thursday, reaching $23.96. 305,294 shares of the stock were exchanged, compared to its average volume of 754,744. The stock has a market cap of $1.90 billion, a P/E ratio of 25.34 and a beta of 0.64. The firm has a 50 day moving average of $23.66 and a two-hundred day moving average of $23.47. First Trust BuyWrite Income ETF has a 1-year low of $19.07 and a 1-year high of $24.03.
First Trust BuyWrite Income ETF Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.177 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date was Friday, December 12th.
Institutional Inflows and Outflows
First Trust BuyWrite Income ETF Company Profile
The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.
Recommended Stories
- Five stocks we like better than First Trust BuyWrite Income ETF
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for First Trust BuyWrite Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust BuyWrite Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
