21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Sees Large Decrease in Short Interest

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,102 shares, a decline of 50.2% from the September 15th total of 4,221 shares. Based on an average daily volume of 2,384 shares, the short-interest ratio is presently 0.9 days. Currently, 3.0% of the shares of the company are sold short.

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

Shares of TXBC traded down $0.36 during trading hours on Wednesday, hitting $17.09. The stock had a trading volume of 3,274 shares, compared to its average volume of 1,806. The firm has a 50-day moving average price of $16.67 and a 200 day moving average price of $15.15. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a fifty-two week low of $11.68 and a fifty-two week high of $25.53.

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.