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

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) was the target of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 1,000 shares, a decline of 16.7% from the July 31st total of 1,200 shares. Based on an average daily volume of 57,900 shares, the short-interest ratio is currently 0.0 days.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Stock Down 2.3 %

Shares of NASDAQ BTFX traded down $0.53 during mid-day trading on Monday, hitting $22.76. The stock had a trading volume of 17,800 shares, compared to its average volume of 92,632. The business’s 50 day moving average price is $26.70. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 1 year low of $16.34 and a 1 year high of $49.79.

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.