First Trust BuyWrite Income ETF (NASDAQ:FTHI) Stock Short Interest Report for September

First Trust BuyWrite Income ETF (NASDAQ:FTHI) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 104,077 shares, a decline of 39.4% from the September 15th total of 171,636 shares. Based on an average trading volume of 630,310 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FTHI. Envestnet Asset Management Inc. lifted its holdings in First Trust BuyWrite Income ETF by 2.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,862,199 shares of the company’s stock worth $92,113,000 after buying an additional 79,011 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of First Trust BuyWrite Income ETF by 7.3% in the 1st quarter. D.A. Davidson & CO. now owns 3,010,900 shares of the company’s stock valued at $69,100,000 after buying an additional 206,072 shares during the period. Royal Bank of Canada raised its position in shares of First Trust BuyWrite Income ETF by 22.1% during the first quarter. Royal Bank of Canada now owns 2,527,288 shares of the company’s stock worth $58,001,000 after acquiring an additional 456,702 shares during the last quarter. Cetera Investment Advisers raised its position in shares of First Trust BuyWrite Income ETF by 31.1% during the first quarter. Cetera Investment Advisers now owns 1,816,393 shares of the company’s stock worth $41,686,000 after acquiring an additional 431,366 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of First Trust BuyWrite Income ETF by 2.7% during the first quarter. Janney Montgomery Scott LLC now owns 679,249 shares of the company’s stock worth $15,589,000 after acquiring an additional 17,647 shares during the last quarter.

First Trust BuyWrite Income ETF Price Performance

Shares of FTHI stock traded down $0.12 during trading hours on Friday, reaching $23.65. 588,241 shares of the company were exchanged, compared to its average volume of 709,353. First Trust BuyWrite Income ETF has a fifty-two week low of $22.37 and a fifty-two week high of $24.39. The stock’s fifty day moving average is $23.89 and its two-hundred day moving average is $23.76. The company has a market cap of $2.54 billion, a price-to-earnings ratio of 25.34 and a beta of 0.63.

First Trust BuyWrite Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.1790 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $2.15 dividend on an annualized basis and a dividend yield of 9.1%.

First Trust BuyWrite Income ETF Company Profile

The First Trust BuyWrite Income ETF (FTHI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed portfolio of US-listed stocks, with an overlay of short calls on the S&P 500. FTHI was launched on Jan 6, 2014 and is managed by First Trust.