FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) Short Interest Update

FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 5,250 shares, a decline of 57.9% from the August 31st total of 12,474 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 7,169 shares, the days-to-cover ratio is presently 0.7 days.

FT Vest Bitcoin Strategy & Target Income ETF Stock Performance

DFII opened at $14.30 on Wednesday. FT Vest Bitcoin Strategy & Target Income ETF has a 52 week low of $10.91 and a 52 week high of $25.73. The business has a fifty day simple moving average of $12.93 and a 200-day simple moving average of $13.15.

Institutional Trading of FT Vest Bitcoin Strategy & Target Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Insight Advisors LLC PA boosted its stake in shares of FT Vest Bitcoin Strategy & Target Income ETF by 35.1% in the first quarter. Insight Advisors LLC PA now owns 181,464 shares of the company’s stock valued at $2,413,000 after purchasing an additional 47,100 shares during the period. Andina Capital Management LLC increased its stake in FT Vest Bitcoin Strategy & Target Income ETF by 85.7% during the 4th quarter. Andina Capital Management LLC now owns 123,398 shares of the company’s stock worth $2,203,000 after buying an additional 56,939 shares during the period. Independent Financial Group LLC purchased a new stake in FT Vest Bitcoin Strategy & Target Income ETF during the 1st quarter worth approximately $831,000. Kestra Advisory Services LLC lifted its holdings in FT Vest Bitcoin Strategy & Target Income ETF by 12.9% during the 1st quarter. Kestra Advisory Services LLC now owns 18,223 shares of the company’s stock worth $242,000 after buying an additional 2,089 shares in the last quarter. Finally, Maridea Wealth Management LLC purchased a new position in FT Vest Bitcoin Strategy & Target Income ETF in the 1st quarter valued at approximately $194,000.

About FT Vest Bitcoin Strategy & Target Income ETF

The First Trust Exchange-Traded Fund, specifically the FT Vest Bitcoin Strategy & Target Income ETF (DFII), aims to provide income with a secondary goal of partial participation in bitcoin returns. It uses options strategies to achieve this without directly investing in bitcoin