Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Short Interest Down 24.3% in October

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 22,800 shares, a decrease of 24.3% from the October 15th total of 30,100 shares. Based on an average daily volume of 24,200 shares, the short-interest ratio is currently 0.9 days.

Valkyrie Bitcoin Strategy ETF Trading Up 2.1 %

NASDAQ:BTF traded up $0.44 during mid-day trading on Friday, hitting $21.30. 76,280 shares of the company’s stock traded hands, compared to its average volume of 51,221. The company has a fifty day moving average of $16.69 and a 200 day moving average of $17.79. Valkyrie Bitcoin Strategy ETF has a twelve month low of $12.40 and a twelve month high of $23.25.

Valkyrie Bitcoin Strategy ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Shareholders 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 dividend yield of 2.25%.

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.