21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Short Interest Up 288.9% in July

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,089 shares, a growth of 288.9% from the July 15th total of 280 shares. Based on an average trading volume of 1,142 shares, the short-interest ratio is presently 1.0 days. Currently, 1.8% of the shares of the company are short sold.

21Shares FTSE Crypto 10 ex-BTC Index ETF Stock Performance

NYSEARCA:TXBC opened at $13.16 on Thursday. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a 52 week low of $11.68 and a 52 week high of $25.53. The business’s 50-day simple moving average is $12.97.

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA: TXBC) is an exchange-traded fund listed on the NYSE Arca that seeks to provide investors with diversified exposure to a basket of major cryptocurrencies while excluding Bitcoin. The fund is designed to track the FTSE Crypto 10 ex BTC Index, an index that represents a selection of large-cap digital assets other than Bitcoin. By packaging multiple crypto exposures into a single, exchange-listed vehicle, TXBC aims to simplify access to a segment of the digital asset market for investors trading on a regulated U.S.