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

First Trust NASDAQ BuyWrite Income ETF (NASDAQ:FTQI) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 76,670 shares, a decrease of 36.8% from the April 15th total of 121,291 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 720,625 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust NASDAQ BuyWrite Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Sigma Planning Corp grew its holdings in shares of First Trust NASDAQ BuyWrite Income ETF by 0.9% in the 1st quarter. Sigma Planning Corp now owns 58,591 shares of the company’s stock worth $1,167,000 after acquiring an additional 494 shares during the period. Smith Moore & CO. grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 5.6% during the 3rd quarter. Smith Moore & CO. now owns 11,514 shares of the company’s stock valued at $237,000 after buying an additional 606 shares during the last quarter. RiverTree Advisors LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 0.5% during the 4th quarter. RiverTree Advisors LLC now owns 133,992 shares of the company’s stock valued at $2,790,000 after buying an additional 696 shares during the last quarter. Tactive Advisors LLC grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 2.9% during the 1st quarter. Tactive Advisors LLC now owns 25,094 shares of the company’s stock valued at $500,000 after buying an additional 696 shares during the last quarter. Finally, Novem Group grew its holdings in First Trust NASDAQ BuyWrite Income ETF by 5.5% during the 4th quarter. Novem Group now owns 13,915 shares of the company’s stock valued at $290,000 after buying an additional 729 shares during the last quarter.

First Trust NASDAQ BuyWrite Income ETF Stock Down 0.0%

Shares of FTQI traded down $0.01 on Monday, reaching $21.59. The stock had a trading volume of 187,805 shares, compared to its average volume of 326,661. The firm has a market capitalization of $818.26 million, a PE ratio of 32.31 and a beta of 0.63. The firm has a 50-day moving average of $20.70 and a 200 day moving average of $20.75. First Trust NASDAQ BuyWrite Income ETF has a twelve month low of $18.72 and a twelve month high of $21.81.

First Trust NASDAQ BuyWrite Income ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were issued a $0.199 dividend. The ex-dividend date was Tuesday, April 21st.

First Trust NASDAQ BuyWrite Income ETF Company Profile

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.