FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) Shares Shorted: Short Interest Down 57.9% in September

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

FT Vest Bitcoin Strategy & Target Income ETF Trading Down 0.6%

Shares of FT Vest Bitcoin Strategy & Target Income ETF stock traded down $0.08 during trading on Monday, reaching $14.27. The company’s stock had a trading volume of 3,152 shares, compared to its average volume of 10,195. The business’s 50-day moving average price is $12.85 and its 200-day moving average price is $13.14. FT Vest Bitcoin Strategy & Target Income ETF has a 52 week low of $10.91 and a 52 week high of $25.73.

Institutional Trading of FT Vest Bitcoin Strategy & Target Income ETF

A number of institutional investors have recently bought and sold shares of the business. Western Wealth Management LLC bought a new stake in FT Vest Bitcoin Strategy & Target Income ETF in the 1st quarter valued at about $147,000. Maridea Wealth Management LLC bought a new position in shares of FT Vest Bitcoin Strategy & Target Income ETF during the first quarter worth approximately $194,000. Kestra Advisory Services LLC raised its position 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 valued at $242,000 after buying an additional 2,089 shares in the last quarter. Independent Financial Group LLC acquired a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF in the first quarter valued at approximately $831,000. Finally, Andina Capital Management LLC raised its position in shares of FT Vest Bitcoin Strategy & Target Income ETF by 85.7% in the fourth quarter. Andina Capital Management LLC now owns 123,398 shares of the company’s stock valued at $2,203,000 after buying an additional 56,939 shares in the last quarter.

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