Short Interest in Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Increases By 5.6%

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,900 shares, an increase of 5.6% from the November 15th total of 1,800 shares. Based on an average daily volume of 45,700 shares, the short-interest 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 disclosure with the Securities and Exchange Commission. The firm acquired 25,193 shares of the company’s stock, valued at approximately $678,000. Jane Street Group LLC owned about 3.55% of Valkyrie Bitcoin Futures Leveraged Strategy ETF as of its most recent SEC filing.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Stock Up 2.8 %

Shares of Valkyrie Bitcoin Futures Leveraged Strategy ETF stock traded up $1.95 during trading on Tuesday, reaching $71.45. The company’s stock had a trading volume of 13,071 shares, compared to its average volume of 75,068. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 1-year low of $16.34 and a 1-year high of $72.53. The company has a 50-day simple moving average of $45.57 and a two-hundred day simple moving average of $33.98.

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.