First Trust Nasdaq BuyWrite Income ETF (FTLB) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Nasdaq BuyWrite Income ETF shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 300 shares of FTLB short. Learn More on First Trust Nasdaq BuyWrite Income ETF's current short interest.

First Trust Nasdaq BuyWrite Income ETF saw a decrease in short interest during the month of October. As of October 15th, there was short interest totaling 300 shares, a decrease of 70.0% from the previous total of 1,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to First Trust Nasdaq BuyWrite Income ETF: Credit Suisse X-Links Silver Shares Covered Call ETN (0.12%), Credit Suisse X-Links Gold Shares Covered Call ETN (0.15%), Goldman Sachs Nasdaq 100 Core Premium Income ETF (1.27%), Goldman Sachs S&P 500 Core Premium Income ETF (2.03%), Nasdaq 100 Covered Call & Growth ETF (0.07%), Global X Nasdaq 100 Covered Call ETF (0.00%), and JPMorgan Nasdaq Equity Premium Income ETF (0.11%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($7.75 billion), S&P Global Inc. ($7.73 billion), Charter Communications, Inc. ($5.40 billion), Snowflake Inc. ($4.50 billion), Canadian Pacific Kansas City Limited ($4.39 billion), Uber Technologies, Inc. ($4.21 billion), Wayfair Inc. ($4.15 billion), Palo Alto Networks, Inc. ($3.27 billion), Teladoc Health, Inc. ($2.78 billion), and DoorDash, Inc. ($2.62 billion). View all of the most shorted stocks.

Short selling FTLB is an investing strategy that aims to generate trading profit from First Trust Nasdaq BuyWrite Income ETF as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for First Trust Nasdaq BuyWrite Income ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FTLB, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FTLB, twice per month. The most recent reporting period available is October, 15 2021.