First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Shares Shorted: Short Interest Up 62.2% in October

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 193 shares, a growth of 62.2% from the September 30th total of 119 shares. Based on an average trading volume of 7,942 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Small Cap BuyWrite Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of FTKI. Commonwealth Equity Services LLC bought a new position in First Trust Small Cap BuyWrite Income ETF during the third quarter worth about $19,197,000. Integrity Alliance LLC. bought a new stake in First Trust Small Cap BuyWrite Income ETF in the third quarter valued at approximately $221,000. Wedbush Securities Inc. bought a new stake in First Trust Small Cap BuyWrite Income ETF in the third quarter valued at approximately $207,000. Tactive Advisors LLC acquired a new stake in shares of First Trust Small Cap BuyWrite Income ETF in the third quarter valued at approximately $684,000. Finally, Royal Bank of Canada lifted its position in shares of First Trust Small Cap BuyWrite Income ETF by 203.6% in the first quarter. Royal Bank of Canada now owns 17,582 shares of the company’s stock valued at $340,000 after buying an additional 11,791 shares during the last quarter.

First Trust Small Cap BuyWrite Income ETF Price Performance

Shares of FTKI stock opened at $19.39 on Tuesday. The stock has a market cap of $25.21 million, a P/E ratio of 17.98 and a beta of 0.34. The company has a fifty day moving average price of $19.66 and a two-hundred day moving average price of $19.75. First Trust Small Cap BuyWrite Income ETF has a one year low of $18.12 and a one year high of $21.63.

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.