Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Short Interest Update

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 1,300 shares, a decrease of 31.6% from the November 30th total of 1,900 shares. Based on an average trading volume of 50,600 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Valkyrie Bitcoin Futures Leveraged Strategy ETF

An institutional investor recently bought a new position in Valkyrie Bitcoin Futures Leveraged Strategy ETF stock. Jane Street Group LLC acquired a new stake in Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,193 shares of the company’s stock, valued at approximately $678,000. Jane Street Group LLC owned 3.55% of Valkyrie Bitcoin Futures Leveraged Strategy ETF at the end of the most recent quarter.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Stock Down 2.7 %

BTFX stock traded down $1.48 during midday trading on Friday, reaching $53.73. 11,170 shares of the company were exchanged, compared to its average volume of 74,819. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 1-year low of $16.34 and a 1-year high of $72.53. The stock’s 50-day simple moving average is $50.96 and its 200 day simple moving average is $35.29.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Company Profile

The Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund seeks to achieve 2x daily Bitcoin index returns via Bitcoin futures contracts, mitigating risks through collateral investments and the use of reverse repurchase agreements.