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

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 63,447 shares, a growth of 74.7% from the September 15th total of 36,315 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 327,335 shares, the days-to-cover ratio is currently 0.2 days.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.2%

Shares of FTQI traded down $0.04 during mid-day trading on Thursday, reaching $22.24. 257,111 shares of the company’s stock were exchanged, compared to its average volume of 330,514. The company has a 50-day simple moving average of $22.17 and a two-hundred day simple moving average of $21.76. First Trust NASDAQ BuyWrite Income ETF has a 52-week low of $19.23 and a 52-week high of $22.55. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 32.31 and a beta of 0.65.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.2220 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.66 dividend on an annualized basis and a yield of 12.0%.

Institutional Investors Weigh In On First Trust NASDAQ BuyWrite Income ETF

A number of large investors have recently bought and sold shares of FTQI. Thurston Springer Miller Herd & Titak Inc. purchased a new position in First Trust NASDAQ BuyWrite Income ETF during the third quarter worth $33,000. Fifth Third Bancorp purchased a new stake in shares of First Trust NASDAQ BuyWrite Income ETF in the first quarter valued at $134,000. IMG Wealth Management Inc. lifted its position 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 acquiring an additional 1,507 shares in the last quarter. NWF Advisory Services Inc. lifted its position 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 acquiring an additional 1,100 shares in the last quarter. Finally, TrueWealth Advisors LLC acquired a new stake in shares of First Trust NASDAQ BuyWrite Income ETF during the second quarter valued at $267,000.

First Trust NASDAQ BuyWrite Income ETF Company Profile

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.