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 increase in short interest in the month of April. As of April 30th, there was short interest totaling 20,150 shares, an increase of 827.3% from the April 15th total of 2,173 shares. Currently, 1.8% of the shares of the stock are sold short. Based on an average trading volume of 14,099 shares, the short-interest ratio is presently 1.4 days.

First Trust Small Cap BuyWrite Income ETF Trading Down 1.0%

NYSEARCA:FTKI traded down $0.20 during mid-day trading on Tuesday, reaching $19.70. 5,724 shares of the stock were exchanged, compared to its average volume of 18,133. The business has a fifty day moving average price of $19.66 and a 200 day moving average price of $19.32. The firm has a market capitalization of $22.66 million, a PE ratio of 17.98 and a beta of 0.36. First Trust Small Cap BuyWrite Income ETF has a 1-year low of $18.07 and a 1-year high of $20.69.

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.