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

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

Hedge Funds Weigh In On First Trust BuyWrite Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Ascentis Independent Advisors bought a new stake in shares of First Trust BuyWrite Income ETF during the first quarter worth $26,000. Bullseye Investment Management LLC bought a new position in shares of First Trust BuyWrite Income ETF in the second quarter valued at about $119,000. IMG Wealth Management Inc. lifted its position in First Trust BuyWrite Income ETF by 15.8% during the 1st quarter. IMG Wealth Management Inc. now owns 5,594 shares of the company’s stock worth $128,000 after buying an additional 763 shares in the last quarter. James T. Borello RIA acquired a new position in First Trust BuyWrite Income ETF during the 3rd quarter worth about $136,000. Finally, Western Wealth Management LLC acquired a new position in First Trust BuyWrite Income ETF during the 1st quarter worth about $237,000.

First Trust BuyWrite Income ETF Price Performance

Shares of FTHI traded down $0.12 on Friday, hitting $23.65. The company’s stock had a trading volume of 588,241 shares, compared to its average volume of 709,353. The company has a market capitalization of $2.54 billion, a PE ratio of 25.34 and a beta of 0.63. First Trust BuyWrite Income ETF has a fifty-two week low of $22.37 and a fifty-two week high of $24.39. The company has a 50 day moving average price of $23.89 and a 200 day moving average price of $23.76.

First Trust BuyWrite Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.1790 dividend. The ex-dividend date was Thursday, September 24th. This represents a $2.15 annualized dividend and a yield of 9.1%.

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.