Short Interest in Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Increases By 850.0%

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 3,800 shares, an increase of 850.0% from the August 31st total of 400 shares. Based on an average trading volume of 45,100 shares, the short-interest ratio is currently 0.1 days.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Price Performance

Shares of BTFX stock opened at $27.05 on Friday. The company’s 50 day moving average is $25.22 and its 200 day moving average is $31.79. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 52-week low of $16.34 and a 52-week high of $49.79.

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.