First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) Short Interest Down 50.5% in July

Posted by George Bondi on Aug 16th, 2026

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 38,447 shares, a drop of 50.5% from the July 15th total of 77,620 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 490,685 shares, the days-to-cover ratio is presently 0.1 days.

First Trust NASDAQ BuyWrite Income ETF Stock Performance

NASDAQ:FTQI traded up $0.06 on Friday, reaching $22.40. The company’s stock had a trading volume of 225,760 shares, compared to its average volume of 304,522. First Trust NASDAQ BuyWrite Income ETF has a 1-year low of $19.23 and a 1-year high of $22.41. The firm has a market cap of $937.44 million, a PE ratio of 32.31 and a beta of 0.63. The business’s 50-day moving average price is $21.99 and its two-hundred day moving average price is $21.25.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were issued a dividend of $0.222 per share. This represents a c) annualized dividend and a dividend yield of 11.9%. The ex-dividend date was Tuesday, July 21st.

Hedge Funds Weigh In On First Trust NASDAQ BuyWrite Income ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Key Client Fiduciary Advisors LLC raised its holdings in First Trust NASDAQ BuyWrite Income ETF by 11.1% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 19,170 shares of the company’s stock worth $423,000 after buying an additional 1,919 shares during the period. Tactive Advisors LLC lifted its stake in First Trust NASDAQ BuyWrite Income ETF by 3.8% in the second quarter. Tactive Advisors LLC now owns 26,055 shares of the company’s stock valued at $576,000 after buying an additional 961 shares in the last quarter. TrueWealth Advisors LLC acquired a new position in shares of First Trust NASDAQ BuyWrite Income ETF in the second quarter valued at approximately $267,000. Western Wealth Management LLC boosted its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 5.7% in the first quarter. Western Wealth Management LLC now owns 14,183 shares of the company’s stock valued at $283,000 after buying an additional 771 shares during the period. Finally, NewEdge Advisors LLC increased its position in shares of First Trust NASDAQ BuyWrite Income ETF by 10.2% during the first quarter. NewEdge Advisors LLC now owns 58,172 shares of the company’s stock worth $1,159,000 after acquiring an additional 5,368 shares in the last quarter.

About First Trust NASDAQ BuyWrite Income ETF

(Get Free Report)

The First Trust Nasdaq BuyWrite Income ETF (FTQI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of US stocks, with an options overlay of short calls on the Nasdaq 100. FTQI was launched on Jan 6, 2014 and is managed by First Trust.