ProShares Short Bitcoin ETF (NYSEARCA:BITI) Short Interest Update

Posted by Scott Moore on Sep 18th, 2026

ProShares Short Bitcoin ETF (NYSEARCA:BITI – Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 293,672 shares, a decrease of 34.4% from the August 15th total of 447,421 shares. Based on an average trading volume of 2,126,121 shares, the days-to-cover ratio is presently 0.1 days. Currently, 5.8% of the company’s stock are sold short.

Institutional Investors Weigh In On ProShares Short Bitcoin ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Tucker Asset Management LLC acquired a new stake in shares of ProShares Short Bitcoin ETF during the 2nd quarter valued at about $2,105,000. IMC Chicago LLC acquired a new position in ProShares Short Bitcoin ETF in the first quarter worth approximately $1,611,000. Finally, AXQ Capital LP acquired a new position in ProShares Short Bitcoin ETF in the second quarter worth approximately $361,000. 30.27% of the stock is owned by hedge funds and other institutional investors.

ProShares Short Bitcoin ETF Stock Performance

Shares of NYSEARCA:BITI traded down $1.11 during midday trading on Friday, hitting $18.25. 1,466,973 shares of the stock were exchanged, compared to its average volume of 1,898,169. ProShares Short Bitcoin ETF has a 52-week low of $16.58 and a 52-week high of $30.93. The business’s fifty day simple moving average is $22.27 and its two-hundred day simple moving average is $24.06. The company has a market capitalization of $109.51 million, a PE ratio of -4.53 and a beta of -1.43.

About ProShares Short Bitcoin ETF

(Get Free Report)

The ProShares Trust – ProShares Short Bitcoin Strategy ETF (BITI) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund tracks the inverse daily price movements of an index of front-month CME bitcoin futures. It aims to profit from the price decline of bitcoin. BITI was launched on Jun 21, 2022 and is managed by ProShares.