First Trust NASDAQ BuyWrite Income ETF (FTQI) 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 covered or closed out. As of April 15th, traders have sold 36,800 shares of FTQI short. Learn More on First Trust NASDAQ BuyWrite Income ETF's current short interest.

First Trust NASDAQ BuyWrite Income ETF saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 36,800 shares, a decline of 59.4% from the previous total of 90,700 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: AXS Tesla Bear Daily ETF (4.46%), Direxion Daily TSLA Bear 1X Shares (7.00%), AXS 1.25X NVDA Bear Daily ETF (25.36%), Direxion Daily AAPL Bear 1X Shares (7.76%), GraniteShares 2x Long NVDA Daily ETF (7.83%), Direxion Daily MSFT Bear 1X Shares (5.86%), GraniteShares 1.25x Long Tsla Daily ETF (94.31%), Direxion Daily AMZN Bear 1X Shares (2.49%), Direxion Daily GOOGL Bear 1X Shares (2.27%), GraniteShares 2x Long META Daily ETF (0.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling FTQI is an investing strategy that aims to generate trading profit from First Trust NASDAQ BuyWrite Income ETF as its price is falling. FTQI shares are trading up $0.16 today. 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 appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FTQI, 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 FTQI, twice per month. The most recent reporting period available is April, 15 2024.