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

Posted by MarketBeat News on Nov 15th, 2024

First Trust BuyWrite Income ETF (NASDAQ:FTHI – Get Free Report) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 128,500 shares, a growth of 187.5% from the October 15th total of 44,700 shares. Based on an average daily volume of 196,100 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On First Trust BuyWrite Income ETF

A number of large investors have recently modified their holdings of the stock. GoalVest Advisory LLC purchased a new position in First Trust BuyWrite Income ETF during the 3rd quarter valued at about $53,000. GPS Wealth Strategies Group LLC purchased a new position in First Trust BuyWrite Income ETF during the 2nd quarter valued at about $97,000. Valley Brook Capital Group Inc. purchased a new position in First Trust BuyWrite Income ETF during the 2nd quarter valued at about $215,000. Wedbush Securities Inc. purchased a new position in First Trust BuyWrite Income ETF during the 2nd quarter valued at about $218,000. Finally, J.W. Cole Advisors Inc. purchased a new position in First Trust BuyWrite Income ETF during the 2nd quarter valued at about $220,000.

First Trust BuyWrite Income ETF Trading Down 0.2 %

Shares of FTHI opened at $23.71 on Friday. The firm’s 50-day moving average price is $23.11 and its 200-day moving average price is $22.69. The firm has a market capitalization of $996.29 million, a price-to-earnings ratio of 18.59 and a beta of 0.72. First Trust BuyWrite Income ETF has a 1-year low of $20.78 and a 1-year high of $23.90.

First Trust BuyWrite Income ETF Announces Dividend

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The business also recently announced a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were paid a dividend of $0.172 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 8.71%. The ex-dividend date of this dividend was Tuesday, October 22nd.

First Trust BuyWrite Income ETF Company Profile

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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.