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

First Trust BuyWrite Income ETF (NASDAQ:FTHI) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 144,500 shares, an increase of 31.1% from the January 31st total of 110,200 shares. Based on an average daily trading volume, of 361,900 shares, the short-interest ratio is presently 0.4 days.

First Trust BuyWrite Income ETF Stock Down 0.9 %

NASDAQ:FTHI traded down $0.21 during trading hours on Tuesday, reaching $22.58. 524,158 shares of the stock were exchanged, compared to its average volume of 459,143. The firm has a 50 day simple moving average of $23.45 and a 200-day simple moving average of $23.30. First Trust BuyWrite Income ETF has a 52 week low of $20.96 and a 52 week high of $24.09. The stock has a market capitalization of $1.25 billion, a P/E ratio of 24.49 and a beta of 0.69.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a dividend of $0.174 per share. The ex-dividend date was Friday, February 21st.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust BuyWrite Income ETF during the 4th quarter worth approximately $28,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust BuyWrite Income ETF during the 3rd quarter worth approximately $50,000. Kestra Investment Management LLC acquired a new stake in shares of First Trust BuyWrite Income ETF during the 4th quarter worth approximately $50,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of First Trust BuyWrite Income ETF during the 4th quarter worth approximately $51,000. Finally, GoalVest Advisory LLC acquired a new stake in shares of First Trust BuyWrite Income ETF during the 3rd quarter worth approximately $53,000.

About First Trust BuyWrite Income ETF

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.