First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Sees Significant Growth in Short Interest

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 781 shares, an increase of 331.5% from the January 29th total of 181 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 109,645 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 109,645 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.6% of the shares of the stock are short sold.

First Trust Small Cap BuyWrite Income ETF Stock Up 0.9%

Shares of First Trust Small Cap BuyWrite Income ETF stock opened at $20.26 on Thursday. The stock’s fifty day moving average is $19.42 and its 200-day moving average is $18.99. The firm has a market capitalization of $1.01 million, a PE ratio of 17.98 and a beta of -0.85. First Trust Small Cap BuyWrite Income ETF has a 12-month low of $16.93 and a 12-month high of $20.64.

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.