Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) Sees Large Drop in Short Interest

Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 14,715 shares, a decrease of 84.6% from the May 14th total of 95,329 shares. Based on an average trading volume of 20,987 shares, the short-interest ratio is currently 0.7 days. Currently, 36.8% of the company’s stock are short sold.

Institutional Trading of Hashdex Nasdaq Crypto Index US ETF

Several institutional investors and hedge funds have recently bought and sold shares of NCIQ. Yarbrough Capital LLC bought a new stake in Hashdex Nasdaq Crypto Index US ETF during the fourth quarter worth about $4,392,000. Virtu Financial LLC bought a new stake in Hashdex Nasdaq Crypto Index US ETF during the fourth quarter worth about $1,611,000. Compound Planning Inc. bought a new stake in Hashdex Nasdaq Crypto Index US ETF during the first quarter worth about $670,000. Magnus Financial Group LLC raised its holdings in Hashdex Nasdaq Crypto Index US ETF by 29.1% during the fourth quarter. Magnus Financial Group LLC now owns 121,117 shares of the company’s stock worth $2,753,000 after acquiring an additional 27,329 shares in the last quarter. Finally, R. W. Roge & Company Inc. bought a new stake in Hashdex Nasdaq Crypto Index US ETF during the fourth quarter worth about $565,000.

Hashdex Nasdaq Crypto Index US ETF Stock Performance

NCIQ traded down $0.04 on Wednesday, hitting $15.27. 29,530 shares of the company were exchanged, compared to its average volume of 41,674. Hashdex Nasdaq Crypto Index US ETF has a 12 month low of $14.57 and a 12 month high of $34.26. The stock’s fifty day moving average is $18.54 and its 200-day moving average is $20.08.

Hashdex Nasdaq Crypto Index US ETF Company Profile

The Hashdex Nasdaq Crypto Index US ETF (NCIQ) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.