First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) Short Interest Up 37.5% in October

First Trust Small Cap BuyWrite Income ETF (NYSEARCA:FTKI) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 1,100 shares, a growth of 37.5% from the September 30th total of 800 shares. Approximately 2.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.2% of the shares of the stock are sold short.

First Trust Small Cap BuyWrite Income ETF Trading Up 0.1%

NYSEARCA FTKI traded up $0.01 on Tuesday, hitting $18.40. 4 shares of the company’s stock were exchanged, compared to its average volume of 620. The stock has a 50-day moving average of $18.66 and a 200-day moving average of $18.62. First Trust Small Cap BuyWrite Income ETF has a 52 week low of $16.93 and a 52 week high of $19.96. The stock has a market cap of $920,000.00, a price-to-earnings ratio of 17.98 and a beta of -0.85.

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.