Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Short Interest Update

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 3,100 shares, a growth of 138.5% from the December 15th total of 1,300 shares. Based on an average trading volume of 46,600 shares, the short-interest ratio is presently 0.1 days.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Price Performance

Shares of BTFX stock traded up $2.89 during trading hours on Tuesday, hitting $54.57. 6,611 shares of the company’s stock traded hands, compared to its average volume of 18,638. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 12 month low of $16.34 and a 12 month high of $72.53. The stock’s 50 day simple moving average is $55.93 and its 200 day simple moving average is $37.04.

Institutional Trading of Valkyrie Bitcoin Futures Leveraged Strategy ETF

A hedge fund recently bought a new stake in Valkyrie Bitcoin Futures Leveraged Strategy ETF stock. Jane Street Group LLC acquired a new stake in Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 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 filing with the SEC.

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.