NEOS Bitcoin High Income ETF (BATS:BTCI – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 312,948 shares, a growth of 70.8% from the August 31st total of 183,249 shares. Currently, 5.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 599,157 shares, the short-interest ratio is currently 0.5 days.
Institutional Investors Weigh In On NEOS Bitcoin High Income ETF
Hedge funds have recently modified their holdings of the stock. Integrity Wealth Partners LLC purchased a new position in NEOS Bitcoin High Income ETF in the 1st quarter worth about $992,000. Independent Financial Group LLC purchased a new stake in NEOS Bitcoin High Income ETF during the first quarter valued at about $787,000. IFP Advisors Inc lifted its stake in NEOS Bitcoin High Income ETF by 118.9% during the second quarter. IFP Advisors Inc now owns 3,596 shares of the company’s stock valued at $97,000 after buying an additional 1,953 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of NEOS Bitcoin High Income ETF by 34.4% in the second quarter. Allworth Financial LP now owns 8,592 shares of the company’s stock worth $231,000 after buying an additional 2,200 shares during the period. Finally, Foguth Wealth Management LLC. acquired a new position in shares of NEOS Bitcoin High Income ETF in the first quarter worth about $232,000.
NEOS Bitcoin High Income ETF Trading Up 0.8%
Shares of BATS:BTCI opened at $34.01 on Friday. NEOS Bitcoin High Income ETF has a one year low of $26.52 and a one year high of $64.03. The stock has a fifty day moving average of $31.12 and a 200-day moving average of $32.01.
NEOS Bitcoin High Income ETF Company Profile
The NEOS Bitcoin High Income ETF (BTCI) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a fund-of-funds that seeks high monthly income with the potential for appreciation by investing in ETPs with exposure to bitcoin while also utilizing call option strategies. BTCI was launched on Oct 17, 2024 and is issued by Neos.
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