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

FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 154 shares, a drop of 96.9% from the April 15th total of 4,960 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 5,552 shares, the days-to-cover ratio is currently 0.0 days.

FT Vest Bitcoin Strategy & Target Income ETF Trading Up 2.0%

DFII traded up $0.30 during trading on Monday, reaching $15.39. 11,595 shares of the company’s stock were exchanged, compared to its average volume of 11,013. FT Vest Bitcoin Strategy & Target Income ETF has a one year low of $12.34 and a one year high of $26.52. The firm has a fifty day moving average price of $14.05 and a two-hundred day moving average price of $16.50.

Institutional Investors Weigh In On FT Vest Bitcoin Strategy & Target Income ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Insight Advisors LLC PA lifted its stake in shares of FT Vest Bitcoin Strategy & Target Income ETF by 163.9% in the third quarter. Insight Advisors LLC PA now owns 118,200 shares of the company’s stock worth $2,848,000 after acquiring an additional 73,403 shares during the period. Andina Capital Management LLC acquired a new position in shares of FT Vest Bitcoin Strategy & Target Income ETF in the third quarter worth approximately $1,601,000. Prime Capital Investment Advisors LLC acquired a new position in shares of FT Vest Bitcoin Strategy & Target Income ETF in the fourth quarter worth approximately $224,000. Kestra Advisory Services LLC lifted its stake in shares of FT Vest Bitcoin Strategy & Target Income ETF by 12.9% in the first quarter. Kestra Advisory Services LLC now owns 18,223 shares of the company’s stock worth $242,000 after acquiring an additional 2,089 shares during the period. Finally, Archer Investment Corp acquired a new position in shares of FT Vest Bitcoin Strategy & Target Income ETF in the fourth quarter worth approximately $33,000.

FT Vest Bitcoin Strategy & Target Income ETF Company Profile

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