Hashdex Bitcoin ETF (NYSEARCA:DEFI) Short Interest Down 52.3% in June

Hashdex Bitcoin ETF (NYSEARCA:DEFI) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 3,686 shares, a drop of 52.3% from the May 31st total of 7,733 shares. Approximately 3.1% of the shares of the company are short sold. Based on an average daily volume of 9,364 shares, the days-to-cover ratio is currently 0.4 days.

Hashdex Bitcoin ETF Trading Up 2.0%

DEFI stock opened at $67.85 on Thursday. Hashdex Bitcoin ETF has a 52 week low of $66.52 and a 52 week high of $142.50. The firm has a 50 day moving average of $80.40 and a 200 day moving average of $85.29.

About Hashdex Bitcoin ETF

The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME). DEFI was launched on Sep 15, 2022 and is managed by Teucrium.