Short Interest in Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Expands By 146.4%

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 30,800 shares, a growth of 146.4% from the September 15th total of 12,500 shares. Based on an average trading volume of 33,400 shares, the short-interest ratio is presently 0.9 days.

Valkyrie Bitcoin Strategy ETF Stock Up 2.8 %

BTF stock traded up $0.43 during trading on Friday, reaching $15.55. The stock had a trading volume of 847 shares, compared to its average volume of 53,149. Valkyrie Bitcoin Strategy ETF has a 52 week low of $9.79 and a 52 week high of $23.25. The stock’s 50 day moving average is $15.86 and its two-hundred day moving average is $18.17.

Valkyrie Bitcoin Strategy ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 19th were issued a $0.12 dividend. The ex-dividend date of this dividend was Thursday, September 19th. This represents a $0.48 dividend on an annualized basis and a yield of 3.09%.

About Valkyrie Bitcoin Strategy ETF

The Valkyrie Bitcoin Strategy ETF (BTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund portfolio includes CME Bitcoin Futures, treasuries, corporate bonds, and cash, and does not have direct exposure to bitcoin. BTF was launched on Oct 21, 2021 and is managed by Valkyrie.