First Trust BuyWrite Income ETF (NASDAQ:FTHI) Short Interest Down 47.2% in December

First Trust BuyWrite Income ETF (NASDAQ:FTHI) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 94,557 shares, a decrease of 47.2% from the December 15th total of 179,053 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 484,828 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 484,828 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

First Trust BuyWrite Income ETF Stock Performance

First Trust BuyWrite Income ETF stock traded up $0.02 during midday trading on Friday, reaching $23.96. The stock had a trading volume of 539,013 shares, compared to its average volume of 752,547. The stock has a market capitalization of $1.90 billion, a P/E ratio of 25.34 and a beta of 0.64. The firm’s fifty day simple moving average is $23.67 and its 200-day simple moving average is $23.49. 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 firm also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.177 dividend. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date was Friday, December 12th.

Hedge Funds Weigh In On First Trust BuyWrite Income ETF

Large investors have recently modified their holdings of the business. Envestnet Asset Management Inc. raised its holdings 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 worth $77,029,000 after acquiring an additional 270,466 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of First Trust BuyWrite Income ETF by 5.5% during the 3rd 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 in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of 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 valued at $36,645,000 after buying an additional 903,553 shares during the last quarter. Ergawealth Advisors Inc. grew its stake in shares of First Trust BuyWrite Income ETF by 203.2% in the third quarter. Ergawealth Advisors Inc. now owns 1,120,410 shares of the company’s stock valued at $26,565,000 after buying an additional 750,861 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in First Trust BuyWrite Income ETF by 13.4% during the second quarter. Janney Montgomery Scott LLC now owns 786,087 shares of the company’s stock worth $17,962,000 after buying an additional 93,151 shares during the last quarter.

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.