ARK 21Shares Bitcoin ETF (BATS:ARKB) Stock Short Interest Report for September

ARK 21Shares Bitcoin ETF (BATS:ARKB) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 417,649 shares, an increase of 135.4% from the September 15th total of 177,406 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 1,760,890 shares, the days-to-cover ratio is presently 0.2 days.

ARK 21Shares Bitcoin ETF Trading Down 1.8%

Shares of ARKB opened at $27.09 on Thursday. ARK 21Shares Bitcoin ETF has a 52-week low of $19.24 and a 52-week high of $38.58. The business’s fifty day moving average is $25.68 and its 200-day moving average is $23.89.

Institutional Trading of ARK 21Shares Bitcoin ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Galaxy Digital Inc. bought a new position in ARK 21Shares Bitcoin ETF in the first quarter valued at about $116,089,000. Blue Trust Inc. grew its position in ARK 21Shares Bitcoin ETF by 20.4% in the first quarter. Blue Trust Inc. now owns 196,708 shares of the company’s stock valued at $4,424,000 after acquiring an additional 33,305 shares during the last quarter. BIP Wealth LLC raised its stake in ARK 21Shares Bitcoin ETF by 3.0% during the first quarter. BIP Wealth LLC now owns 143,874 shares of the company’s stock worth $3,236,000 after acquiring an additional 4,213 shares in the last quarter. Meitav Investment House Ltd. raised its stake in ARK 21Shares Bitcoin ETF by 45.2% during the first quarter. Meitav Investment House Ltd. now owns 141,822 shares of the company’s stock worth $3,190,000 after acquiring an additional 44,162 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its stake in ARK 21Shares Bitcoin ETF by 2.2% during the first quarter. Kestra Advisory Services LLC now owns 92,918 shares of the company’s stock worth $2,090,000 after acquiring an additional 2,020 shares in the last quarter.

About ARK 21Shares Bitcoin ETF

The ARK 21Shares Bitcoin ETF Ben of Int (ARKB) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, seeking to track the daily USD spot price of Bitcoin (BTC) through a buy-and-hold strategy focused on long-term BTC holdings. An investment in the fund is not a direct investment in Bitcoin. ARKB was launched on Jan 10, 2024 and is issued by ARK.