Valkyrie Bitcoin Fund (NASDAQ:BRRR) Short Interest Down 77.1% in February

Valkyrie Bitcoin Fund (NASDAQ:BRRRGet Free Report) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 800 shares, a decrease of 77.1% from the February 13th total of 3,500 shares. Based on an average trading volume of 498,700 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Valkyrie Bitcoin Fund Stock Performance

BRRR opened at $23.44 on Thursday. Valkyrie Bitcoin Fund has a 1-year low of $14.02 and a 1-year high of $30.67. The stock’s fifty day simple moving average is $27.05 and its 200 day simple moving average is $23.64.

Institutional Investors Weigh In On Valkyrie Bitcoin Fund

Large investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC raised its stake in Valkyrie Bitcoin Fund by 61.3% in the 4th quarter. CoreCap Advisors LLC now owns 968 shares of the company’s stock valued at $26,000 after acquiring an additional 368 shares during the period. Discipline Wealth Solutions LLC bought a new stake in Valkyrie Bitcoin Fund in the 4th quarter valued at $235,000. Farringdon Capital Ltd. bought a new stake in Valkyrie Bitcoin Fund in the 4th quarter valued at $1,098,000. RPO LLC bought a new stake in Valkyrie Bitcoin Fund in the 3rd quarter valued at $974,000. Finally, Virtu Financial LLC grew its holdings in Valkyrie Bitcoin Fund by 337.6% in the 3rd quarter. Virtu Financial LLC now owns 87,220 shares of the company’s stock valued at $1,568,000 after buying an additional 67,287 shares in the last quarter.

Valkyrie Bitcoin Fund Company Profile

(Get Free Report)

The Valkyrie Bitcoin Fund (BRRR) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a cold storage wallet. BRRR was launched on Jan 10, 2024 and is issued by Valkyrie.

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