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

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 62,349 shares, a decrease of 43.2% from the January 29th total of 109,830 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 287,349 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 287,349 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Trading of First Trust NASDAQ BuyWrite Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Smith Moore & CO. raised its stake in First Trust NASDAQ BuyWrite Income ETF by 5.6% in the third quarter. Smith Moore & CO. now owns 11,514 shares of the company’s stock valued at $237,000 after buying an additional 606 shares in the last quarter. Tyler Stone Wealth Management lifted its position in shares of First Trust NASDAQ BuyWrite Income ETF by 3.6% during the 2nd quarter. Tyler Stone Wealth Management now owns 18,760 shares of the company’s stock worth $367,000 after buying an additional 656 shares during the last quarter. RiverTree Advisors LLC boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 0.5% in the 4th quarter. RiverTree Advisors LLC now owns 133,992 shares of the company’s stock valued at $2,790,000 after buying an additional 696 shares in the last quarter. Novem Group raised its stake in First Trust NASDAQ BuyWrite Income ETF by 5.5% during the 4th quarter. Novem Group now owns 13,915 shares of the company’s stock worth $290,000 after acquiring an additional 729 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position in First Trust NASDAQ BuyWrite Income ETF by 1.0% in the fourth quarter. D.A. Davidson & CO. now owns 81,938 shares of the company’s stock valued at $1,706,000 after acquiring an additional 832 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.4%

NASDAQ:FTQI traded down $0.09 on Friday, reaching $20.41. The company’s stock had a trading volume of 140,338 shares, compared to its average volume of 307,570. First Trust NASDAQ BuyWrite Income ETF has a 12-month low of $16.25 and a 12-month high of $21.15. The stock has a 50 day moving average price of $20.79 and a 200 day moving average price of $20.67. The firm has a market cap of $767.42 million, a price-to-earnings ratio of 32.31 and a beta of 0.59.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were paid a $0.207 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date of this dividend was Friday, February 20th.

About First Trust NASDAQ BuyWrite Income ETF

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.