FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) Sees Significant Decline in Short Interest

FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFIIGet Free Report) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,222 shares, a decrease of 56.6% from the May 31st total of 2,817 shares. Based on an average trading volume of 17,689 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

FT Vest Bitcoin Strategy & Target Income ETF Stock Performance

Shares of FT Vest Bitcoin Strategy & Target Income ETF stock opened at $11.27 on Monday. The company’s fifty day simple moving average is $13.59 and its 200-day simple moving average is $14.83. FT Vest Bitcoin Strategy & Target Income ETF has a 1 year low of $11.09 and a 1 year high of $26.52.

Institutional Trading of FT Vest Bitcoin Strategy & Target Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DFII. Archer Investment Corp bought a new position in shares of FT Vest Bitcoin Strategy & Target Income ETF during the 4th quarter worth about $33,000. Larson Financial Group LLC bought a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF in the third quarter valued at about $72,000. Cresset Asset Management LLC acquired a new stake in FT Vest Bitcoin Strategy & Target Income ETF during the third quarter worth about $224,000. Jane Street Group LLC acquired a new stake in FT Vest Bitcoin Strategy & Target Income ETF during the second quarter worth about $224,000. Finally, Western Wealth Management LLC bought a new position in FT Vest Bitcoin Strategy & Target Income ETF during the first quarter valued at about $147,000.

About FT Vest Bitcoin Strategy & Target Income ETF

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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

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