Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Short Interest Update

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 35,400 shares, a growth of 145.8% from the February 13th total of 14,400 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average daily volume of 51,600 shares, the short-interest ratio is presently 0.7 days.

Valkyrie Bitcoin Strategy ETF Stock Up 5.1 %

Valkyrie Bitcoin Strategy ETF stock traded up $0.51 during midday trading on Friday, reaching $10.42. The company’s stock had a trading volume of 16,933 shares, compared to its average volume of 44,392. The business has a 50-day simple moving average of $13.24 and a 200-day simple moving average of $16.60. Valkyrie Bitcoin Strategy ETF has a fifty-two week low of $9.66 and a fifty-two week high of $26.25.

Valkyrie Bitcoin Strategy ETF Company Profile

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.