Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Short Interest Up 200.0% in November

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,800 shares, an increase of 200.0% from the October 31st total of 600 shares. Based on an average daily trading volume, of 44,600 shares, the short-interest ratio is currently 0.0 days.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Trading Up 1.2 %

Shares of BTFX stock traded up $0.74 during trading hours on Friday, hitting $60.06. 17,768 shares of the company’s stock were exchanged, compared to its average volume of 77,561. The business’s 50 day simple moving average is $37.12 and its 200-day simple moving average is $31.94. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 12-month low of $16.34 and a 12-month high of $64.00.

Institutional Trading of 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 purchased a new stake in shares of Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 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.