Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Short Interest Update

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 8,000 shares, an increase of 400.0% from the January 31st total of 1,600 shares. Based on an average daily trading volume, of 33,900 shares, the short-interest ratio is currently 0.2 days.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Stock Down 2.3 %

Shares of Valkyrie Bitcoin Futures Leveraged Strategy ETF stock traded down $0.85 during trading hours on Thursday, reaching $36.79. The company’s stock had a trading volume of 14,050 shares, compared to its average volume of 21,151. The stock’s fifty day simple moving average is $54.03 and its two-hundred day simple moving average is $42.70. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a one year low of $16.34 and a one year high of $72.53.

Hedge Funds Weigh In On Valkyrie Bitcoin Futures Leveraged Strategy ETF

A hedge fund recently bought a new stake in Valkyrie Bitcoin Futures Leveraged Strategy ETF stock. Jane Street Group LLC acquired a new position in Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,193 shares of the company’s stock, valued at approximately $678,000. Jane Street Group LLC owned about 3.55% of Valkyrie Bitcoin Futures Leveraged Strategy ETF as of its most recent SEC filing.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Company Profile

The Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund seeks to achieve 2x daily Bitcoin index returns via Bitcoin futures contracts, mitigating risks through collateral investments and the use of reverse repurchase agreements.