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

First Trust BuyWrite Income ETF (NASDAQ:FTHI) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 179,053 shares, an increase of 130.3% from the November 30th total of 77,748 shares. Based on an average daily trading volume, of 710,735 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 710,735 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its stake in First Trust BuyWrite Income ETF by 140.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,545,547 shares of the company’s stock worth $36,645,000 after acquiring an additional 903,553 shares during the last quarter. Ergawealth Advisors Inc. grew its holdings in shares of First Trust BuyWrite Income ETF by 203.2% during the third quarter. Ergawealth Advisors Inc. now owns 1,120,410 shares of the company’s stock worth $26,565,000 after purchasing an additional 750,861 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of First Trust BuyWrite Income ETF by 4,757.2% in the third quarter. Ameriprise Financial Inc. now owns 528,415 shares of the company’s stock worth $12,530,000 after purchasing an additional 517,536 shares during the last quarter. HUB Investment Partners LLC purchased a new stake in First Trust BuyWrite Income ETF in the third quarter valued at approximately $8,613,000. Finally, Envestnet Asset Management Inc. lifted its position in First Trust BuyWrite Income ETF by 9.1% during the third quarter. Envestnet Asset Management Inc. now owns 3,248,815 shares of the company’s stock valued at $77,029,000 after purchasing an additional 270,466 shares during the last quarter.

First Trust BuyWrite Income ETF Trading Down 0.0%

Shares of FTHI stock traded down $0.01 during trading hours on Friday, reaching $23.82. The stock had a trading volume of 301,345 shares, compared to its average volume of 464,969. The stock’s fifty day simple moving average is $23.64 and its 200 day simple moving average is $23.36. The firm has a market capitalization of $1.73 billion, a PE ratio of 25.34 and a beta of 0.64. First Trust BuyWrite Income ETF has a 12 month low of $19.07 and a 12 month high of $24.03.

First Trust BuyWrite Income ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a $0.177 dividend. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend is Friday, December 12th.

About First Trust BuyWrite Income ETF

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.