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

First Trust Hedged BuyWrite Income ETF (NASDAQ:FTLB) was the recipient of a significant growth in short interest during the month of May. As of May 28th, there was short interest totalling 1,000 shares, a growth of 900.0% from the May 13th total of 100 shares. Based on an average daily volume of 6,000 shares, the short-interest ratio is presently 0.2 days.

A hedge fund recently raised its stake in First Trust Hedged BuyWrite Income ETF stock. Private Advisor Group LLC grew its holdings in First Trust Hedged BuyWrite Income ETF (NASDAQ:FTLB) by 6.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,330 shares of the company’s stock after buying an additional 3,760 shares during the period. Private Advisor Group LLC owned 16.58% of First Trust Hedged BuyWrite Income ETF worth $1,384,000 at the end of the most recent quarter.

Shares of FTLB traded down $0.06 during mid-day trading on Friday, reaching $21.85. The company’s stock had a trading volume of 646 shares, compared to its average volume of 4,949. First Trust Hedged BuyWrite Income ETF has a 1-year low of $18.80 and a 1-year high of $22.10. The business’s 50-day moving average price is $21.33.

Further Reading: What are the benefits of momentum investing?

Receive News & Ratings for First Trust Hedged BuyWrite Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Hedged BuyWrite Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.