First Trust BuyWrite Income ETF (NASDAQ:FTHI) Short Interest Update

First Trust BuyWrite Income ETF (NASDAQ:FTHI) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 131,691 shares, a growth of 39.3% from the December 31st total of 94,557 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 771,889 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 771,889 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of First Trust BuyWrite Income ETF

Large investors have recently bought and sold shares of the company. Fermata Advisors LLC acquired a new position in First Trust BuyWrite Income ETF during the 3rd quarter worth $934,000. Goldstone Financial Group LLC bought a new stake in shares of First Trust BuyWrite Income ETF in the 3rd quarter worth approximately $2,467,000. Chicago Partners Investment Group LLC acquired a new position in shares of First Trust BuyWrite Income ETF during the 3rd quarter valued at $2,153,000. D.A. Davidson & CO. raised its position in shares of First Trust BuyWrite Income ETF by 5.5% during the third quarter. D.A. Davidson & CO. now owns 2,623,867 shares of the company’s stock worth $62,212,000 after purchasing an additional 137,478 shares during the period. Finally, Etesian Wealth Advisors Inc. acquired a new position in First Trust BuyWrite Income ETF during the third quarter valued at $1,803,000.

First Trust BuyWrite Income ETF Stock Down 0.5%

Shares of First Trust BuyWrite Income ETF stock traded down $0.12 during trading on Friday, reaching $23.75. 544,773 shares of the stock were exchanged, compared to its average volume of 803,004. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. First Trust BuyWrite Income ETF has a 1 year low of $19.07 and a 1 year high of $24.05. The stock’s fifty day moving average is $23.74 and its 200 day moving average is $23.55.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were given a dividend of $0.177 per share. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend was Wednesday, January 21st.

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.