Short Interest in Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Decreases By 35.7%

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 2,700 shares, a decrease of 35.7% from the February 28th total of 4,200 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 24,100 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Valkyrie Bitcoin Futures Leveraged Strategy ETF

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

Valkyrie Bitcoin Futures Leveraged Strategy ETF Trading Down 8.0 %

Shares of NASDAQ:BTFX opened at $35.56 on Friday. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 12 month low of $16.34 and a 12 month high of $72.53. The company’s fifty day moving average price is $45.97 and its 200 day moving average price is $44.87.

About Valkyrie Bitcoin Futures Leveraged Strategy ETF

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.