FT Vest Bitcoin Strategy Floor15 ETF – April (NYSEARCA:BFAP) Sees Large Growth in Short Interest

FT Vest Bitcoin Strategy Floor15 ETF – April (NYSEARCA:BFAP) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 16,068 shares, a growth of 18.4% from the February 26th total of 13,569 shares. Currently, 16.1% of the shares of the stock are sold short. Based on an average daily volume of 388 shares, the days-to-cover ratio is currently 41.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FT Vest Bitcoin Strategy Floor15 ETF – April stock. Foundations Investment Advisors LLC boosted its position in FT Vest Bitcoin Strategy Floor15 ETF – April (NYSEARCA:BFAP) by 17.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,244 shares of the company’s stock after acquiring an additional 2,115 shares during the quarter. Foundations Investment Advisors LLC owned 14.24% of FT Vest Bitcoin Strategy Floor15 ETF – April worth $259,000 as of its most recent filing with the Securities & Exchange Commission.

FT Vest Bitcoin Strategy Floor15 ETF – April Price Performance

BFAP stock opened at $14.46 on Tuesday. FT Vest Bitcoin Strategy Floor15 ETF – April has a one year low of $14.46 and a one year high of $24.84. The firm has a 50 day simple moving average of $15.78 and a two-hundred day simple moving average of $20.06.

About FT Vest Bitcoin Strategy Floor15 ETF – April

The FT Vest Bitcoin Strategy Floor15 ETF April (BFAP) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is an actively managed fund that seeks to provide capped gains on the spot price of bitcoin, while attempting to hedge declines greater than 15% during a one year period. The fund uses FLEX options to construct the exposure. BFAP was launched on Apr 3, 2025 and is issued by First Trust.