FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) Stock Short Interest Report for October

FT Vest Bitcoin Strategy & Target Income ETF (NYSEARCA:DFII) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 14,208 shares, an increase of 308.7% from the October 15th total of 3,476 shares. Based on an average daily volume of 6,431 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.9% of the company’s stock are short sold.

FT Vest Bitcoin Strategy & Target Income ETF Price Performance

NYSEARCA:DFII traded down $0.43 during trading hours on Friday, hitting $11.61. 7,836 shares of the stock traded hands, compared to its average volume of 10,617. The firm has a 50 day moving average price of $13.68 and a 200 day moving average price of $13.37. FT Vest Bitcoin Strategy & Target Income ETF has a fifty-two week low of $10.91 and a fifty-two week high of $19.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Independent Financial Group LLC purchased a new stake in FT Vest Bitcoin Strategy & Target Income ETF in the 1st quarter worth about $831,000. Insight Advisors LLC PA boosted its position in 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 worth $2,413,000 after acquiring an additional 47,100 shares during the period. Winnacle Wealth LLC grew its stake in FT Vest Bitcoin Strategy & Target Income ETF by 134.1% during the 3rd quarter. Winnacle Wealth LLC now owns 59,789 shares of the company’s stock valued at $855,000 after acquiring an additional 34,245 shares in the last quarter. Western Wealth Management LLC purchased a new position in FT Vest Bitcoin Strategy & Target Income ETF during the 1st quarter valued at about $147,000. Finally, Kestra Advisory Services LLC grew its stake in FT Vest Bitcoin Strategy & Target Income ETF by 15.1% during the 3rd quarter. Kestra Advisory Services LLC now owns 22,947 shares of the company’s stock valued at $328,000 after acquiring an additional 3,018 shares in the last quarter.

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