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

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 547 shares, a decline of 76.4% from the October 15th total of 2,317 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 1,225 shares, the short-interest ratio is currently 0.4 days.

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

NYSEARCA TXBC opened at $14.06 on Thursday. The stock has a 50-day simple moving average of $17.20 and a 200 day simple moving average of $15.32. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a twelve month low of $11.68 and a twelve month 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. exchange.