Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Short Interest Down 36.0% in November

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 14,600 shares, a drop of 36.0% from the October 31st total of 22,800 shares. Based on an average trading volume of 31,000 shares, the days-to-cover ratio is presently 0.5 days.

Valkyrie Bitcoin Strategy ETF Trading Down 0.3 %

Shares of Valkyrie Bitcoin Strategy ETF stock traded down $0.08 on Friday, hitting $23.56. The company had a trading volume of 20,356 shares, compared to its average volume of 51,033. Valkyrie Bitcoin Strategy ETF has a 52 week low of $12.40 and a 52 week high of $23.98. The business has a 50-day simple moving average of $18.30 and a 200-day simple moving average of $18.15.

Valkyrie Bitcoin Strategy ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 19th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date was Thursday, September 19th.

Valkyrie Bitcoin Strategy ETF Company Profile

The Valkyrie Bitcoin Strategy ETF (BTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund portfolio includes CME Bitcoin Futures, treasuries, corporate bonds, and cash, and does not have direct exposure to bitcoin. BTF was launched on Oct 21, 2021 and is managed by Valkyrie.