First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Short Interest Update

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 20,150 shares, a growth of 827.3% from the April 15th total of 2,173 shares. Currently, 1.8% of the company’s stock are sold short. Based on an average daily volume of 14,099 shares, the days-to-cover ratio is currently 1.4 days.

First Trust Small Cap BuyWrite Income ETF Price Performance

NYSEARCA:FTKI traded down $0.05 during midday trading on Wednesday, reaching $19.71. The stock had a trading volume of 549 shares, compared to its average volume of 17,804. First Trust Small Cap BuyWrite Income ETF has a 1-year low of $18.07 and a 1-year high of $20.69. The firm’s fifty day simple moving average is $19.64 and its 200-day simple moving average is $19.34. The stock has a market capitalization of $22.67 million, a P/E ratio of 17.98 and a beta of 0.36.

First Trust Small Cap BuyWrite Income ETF Company Profile

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.