First Trust BuyWrite Income ETF (NASDAQ:FTHI) Sees Large Decrease in Short Interest

Posted by Alanna Baker on Mar 18th, 2025

First Trust BuyWrite Income ETF (NASDAQ:FTHI – Get Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 105,900 shares, a decline of 26.7% from the February 13th total of 144,500 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 381,600 shares, the short-interest ratio is currently 0.3 days.

First Trust BuyWrite Income ETF Trading Down 1.0 %

FTHI traded down $0.22 on Tuesday, hitting $22.00. 276,981 shares of the company’s stock were exchanged, compared to its average volume of 266,226. First Trust BuyWrite Income ETF has a fifty-two week low of $20.96 and a fifty-two week high of $24.09. The firm has a 50-day moving average price of $23.19 and a 200-day moving average price of $23.27. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 24.09 and a beta of 0.69.

First Trust BuyWrite Income ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.174 per share. The ex-dividend date of this dividend was Friday, February 21st.

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. Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Trust BuyWrite Income ETF during the fourth quarter worth $51,000. Sanctuary Advisors LLC acquired a new position in shares of First Trust BuyWrite Income ETF during the 3rd quarter valued at about $403,000. SBI Securities Co. Ltd. acquired a new position in shares of First Trust BuyWrite Income ETF during the 4th quarter valued at about $28,000. JPMorgan Chase & Co. boosted its position in shares of First Trust BuyWrite Income ETF by 138,919.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 182,116 shares of the company’s stock valued at $4,192,000 after acquiring an additional 181,985 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its position in shares of First Trust BuyWrite Income ETF by 17.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 11,818 shares of the company’s stock valued at $275,000 after acquiring an additional 1,743 shares during the last quarter.

About First Trust BuyWrite Income ETF

(Get Free Report)

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.