Short Interest in CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Increases By 112.8%

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFXGet Free Report) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 51,007 shares, a growth of 112.8% from the November 30th total of 23,974 shares. Based on an average trading volume of 7,699 shares, the short-interest ratio is currently 6.6 days. Approximately 20.4% of the shares of the company are sold short. Approximately 20.4% of the shares of the company are sold short. Based on an average trading volume of 7,699 shares, the short-interest ratio is currently 6.6 days.

Institutional Trading of CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF

A hedge fund recently raised its stake in CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF stock. Susquehanna International Group LLP grew its stake in CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFXFree Report) by 419.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,231 shares of the company’s stock after purchasing an additional 20,372 shares during the quarter. Susquehanna International Group LLP owned approximately 10.09% of CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF worth $1,437,000 as of its most recent SEC filing.

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF Price Performance

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 1 year low of $27.38 and a 1 year high of $72.53. The company’s 50-day simple moving average is $38.30 and its two-hundred day simple moving average is $50.96.

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF Company Profile

(Get Free Report)

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. BTFX was launched on Feb 21, 2024 and is issued by Valkyrie.

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