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

First Trust BuyWrite Income ETF (NASDAQ:FTHI) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 179,053 shares, a growth of 130.3% from the November 30th total of 77,748 shares. Based on an average daily volume of 710,735 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 710,735 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On First Trust BuyWrite Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FTHI. JPMorgan Chase & Co. acquired a new position in First Trust BuyWrite Income ETF in the third quarter valued at $27,000. Bank of Montreal Can acquired a new stake in First Trust BuyWrite Income ETF during the second quarter worth approximately $31,000. GoalVest Advisory LLC increased its holdings in First Trust BuyWrite Income ETF by 82.2% in the third quarter. GoalVest Advisory LLC now owns 1,481 shares of the company’s stock worth $35,000 after purchasing an additional 668 shares in the last quarter. CX Institutional acquired a new position in First Trust BuyWrite Income ETF in the third quarter valued at approximately $36,000. Finally, Asset Dedication LLC bought a new position in shares of First Trust BuyWrite Income ETF during the 2nd quarter worth approximately $44,000.

First Trust BuyWrite Income ETF Price Performance

First Trust BuyWrite Income ETF stock opened at $23.82 on Friday. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 25.34 and a beta of 0.64. The firm has a 50-day moving average of $23.64 and a 200-day moving average of $23.35. First Trust BuyWrite Income ETF has a one year low of $19.07 and a one year high of $24.03.

First Trust BuyWrite Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a dividend of $0.177 per share. The ex-dividend date is Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 8.9%.

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.