FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) Short Interest Down 38.6% in August

FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 1,198 shares, a decline of 38.6% from the July 30th total of 1,952 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 3,929 shares, the short-interest ratio is presently 0.3 days.

FT Vest Bitcoin Strategy & Target Income ETF Price Performance

NYSEARCA:DFII opened at $13.31 on Wednesday. The stock has a 50-day simple moving average of $12.04 and a two-hundred day simple moving average of $13.09. 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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Insight Advisors LLC PA raised its position in shares of FT Vest Bitcoin Strategy & Target Income ETF by 35.1% during the first quarter. Insight Advisors LLC PA now owns 181,464 shares of the company’s stock valued at $2,413,000 after buying an additional 47,100 shares during the last quarter. Andina Capital Management LLC boosted its holdings in shares of FT Vest Bitcoin Strategy & Target Income ETF by 12.6% in the 1st quarter. Andina Capital Management LLC now owns 138,929 shares of the company’s stock worth $1,848,000 after purchasing an additional 15,531 shares during the period. Independent Financial Group LLC bought a new position in FT Vest Bitcoin Strategy & Target Income ETF during the first quarter valued at $831,000. Kestra Advisory Services LLC grew its holdings in 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 purchasing an additional 2,089 shares during the last quarter. Finally, Maridea Wealth Management LLC bought a new position in shares of FT Vest Bitcoin Strategy & Target Income ETF during the first quarter valued at approximately $194,000.

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