First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Short Interest Up 351.8% in April

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the target of a large increase in short interest in April. As of April 15th, there was short interest totaling 2,173 shares, an increase of 351.8% from the March 31st total of 481 shares. Based on an average daily volume of 5,251 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

First Trust Small Cap BuyWrite Income ETF Price Performance

Shares of FTKI opened at $19.64 on Friday. The firm has a 50 day simple moving average of $19.72 and a 200-day simple moving average of $19.22. First Trust Small Cap BuyWrite Income ETF has a 1-year low of $18.07 and a 1-year high of $20.69. The stock has a market cap of $22.59 million, a price-to-earnings ratio of 17.98 and a beta of 0.46.

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.