Short Interest in FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) Rises By 941.2%

FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFIIGet Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 12,474 shares, an increase of 941.2% from the August 15th total of 1,198 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 8,904 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Insight Advisors LLC PA grew its stake in shares of FT Vest Bitcoin Strategy & Target Income ETF by 35.1% during the 1st 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 boosted its stake in shares of FT Vest Bitcoin Strategy & Target Income ETF by 12.6% during the 1st quarter. Andina Capital Management LLC now owns 138,929 shares of the company’s stock worth $1,848,000 after acquiring an additional 15,531 shares during the last quarter. Independent Financial Group LLC bought a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF during the 1st quarter valued at $831,000. Kestra Advisory Services LLC grew its position in shares of 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 valued at $242,000 after acquiring an additional 2,089 shares during the period. Finally, Maridea Wealth Management LLC purchased a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF in the 1st quarter worth $194,000.

FT Vest Bitcoin Strategy & Target Income ETF Trading Up 0.8%

Shares of NYSEARCA:DFII traded up $0.11 during trading on Friday, reaching $13.40. 8,962 shares of the stock traded hands, compared to its average volume of 10,361. FT Vest Bitcoin Strategy & Target Income ETF has a 52-week low of $10.91 and a 52-week high of $25.73. The stock has a 50-day moving average of $12.36 and a two-hundred day moving average of $13.10.

About FT Vest Bitcoin Strategy & Target Income ETF

(Get Free Report)

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

Further Reading

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