Short Interest in Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Increases By 5.6%

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 1,900 shares, a growth of 5.6% from the November 15th total of 1,800 shares. Based on an average daily trading volume, of 45,700 shares, the short-interest ratio is presently 0.0 days.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Trading Up 2.8 %

Shares of BTFX traded up $1.95 during trading hours on Tuesday, hitting $71.45. The company had a trading volume of 13,071 shares, compared to its average volume of 75,068. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a one year low of $16.34 and a one year high of $72.53. The company’s fifty day moving average price is $45.57 and its two-hundred day moving average price is $33.98.

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) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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.