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

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

Hedge Funds Weigh In On FT Vest Bitcoin Strategy & Target Income ETF

Several institutional investors have recently added to or reduced their stakes in DFII. Insight Advisors LLC PA increased its holdings in shares of FT Vest Bitcoin Strategy & Target Income ETF by 163.9% during the third quarter. Insight Advisors LLC PA now owns 118,200 shares of the company’s stock valued at $2,848,000 after acquiring an additional 73,403 shares in the last quarter. Andina Capital Management LLC bought a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF during the third quarter valued at approximately $1,601,000. Independent Financial Group LLC bought a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF during the first quarter valued at approximately $831,000. Maridea Wealth Management LLC bought a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF during the first quarter valued at approximately $194,000. Finally, Capital CS Group LLC bought a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF during the fourth quarter valued at approximately $228,000.

FT Vest Bitcoin Strategy & Target Income ETF Price Performance

DFII traded up $0.30 during trading on Monday, hitting $15.39. The company’s stock had a trading volume of 11,595 shares, compared to its average volume of 11,013. FT Vest Bitcoin Strategy & Target Income ETF has a twelve month low of $12.34 and a twelve month high of $26.52. The stock’s fifty day moving average price is $14.05 and its 200-day moving average price is $16.50.

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