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

by · The Cerbat Gem

FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII – Get Free Report) was the target of a large 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 trading volume of 5,552 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

FT Vest Bitcoin Strategy & Target Income ETF Stock Down 1.3%

Shares of NYSEARCA:DFII traded down $0.20 during midday trading on Tuesday, reaching $15.19. The company’s stock had a trading volume of 834 shares, compared to its average volume of 10,899. The stock has a fifty day moving average of $14.05 and a 200 day moving average of $16.50. FT Vest Bitcoin Strategy & Target Income ETF has a twelve month low of $12.34 and a twelve month high of $26.52.

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

Institutional investors have recently modified their holdings of the stock. Insight Advisors LLC PA lifted its holdings in shares of FT Vest Bitcoin Strategy & Target Income ETF by 163.9% in the 3rd quarter. Insight Advisors LLC PA now owns 118,200 shares of the company’s stock valued at $2,848,000 after buying an additional 73,403 shares during the period. Andina Capital Management LLC purchased a new stake in FT Vest Bitcoin Strategy & Target Income ETF in the 3rd quarter worth approximately $1,601,000. Independent Financial Group LLC purchased a new stake in FT Vest Bitcoin Strategy & Target Income ETF in the 1st quarter worth approximately $831,000. Maridea Wealth Management LLC acquired a new stake in shares of FT Vest Bitcoin Strategy & Target Income ETF during the 1st quarter worth approximately $194,000. Finally, Capital CS Group LLC purchased a new position in shares of FT Vest Bitcoin Strategy & Target Income ETF during the 4th quarter valued at approximately $228,000.

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

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