Short Interest in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) Drops By 32.1%

Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRNGet Free Report) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 1,712 shares, a decline of 32.1% from the January 29th total of 2,520 shares. Based on an average trading volume of 1,663 shares, the short-interest ratio is currently 1.0 days. Approximately 1.7% of the shares of the stock are short sold. Approximately 1.7% of the shares of the stock are short sold. Based on an average trading volume of 1,663 shares, the short-interest ratio is currently 1.0 days.

Global X Bitcoin Trend Strategy ETF Trading Up 0.1%

Shares of Global X Bitcoin Trend Strategy ETF stock traded up $0.02 during mid-day trading on Friday, reaching $27.53. 239 shares of the stock were exchanged, compared to its average volume of 2,793. Global X Bitcoin Trend Strategy ETF has a fifty-two week low of $27.23 and a fifty-two week high of $43.43. The firm has a 50-day simple moving average of $28.55 and a 200 day simple moving average of $34.16.

Institutional Investors Weigh In On Global X Bitcoin Trend Strategy ETF

An institutional investor recently raised its position in Global X Bitcoin Trend Strategy ETF stock. Napa Wealth Management boosted its holdings in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRNFree Report) by 87.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 153,265 shares of the company’s stock after purchasing an additional 71,543 shares during the quarter. Global X Bitcoin Trend Strategy ETF accounts for about 2.8% of Napa Wealth Management’s portfolio, making the stock its 8th largest holding. Napa Wealth Management owned approximately 85.15% of Global X Bitcoin Trend Strategy ETF worth $5,943,000 at the end of the most recent quarter.

About Global X Bitcoin Trend Strategy ETF

(Get Free Report)

The Global X Bitcoin Trend Strategy ETF (BTRN) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund tracks an index that toggles between long bitcoin futures and a US Treasury ETFs. The allocation between these components are based on bitcoins price trend. BTRN was launched on Mar 20, 2024 and is issued by Global X.

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