Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 8,400 shares, a growth of 31.3% from the May 31st total of 6,400 shares. Based on an average daily volume of 4,700 shares, the short-interest ratio is presently 1.8 days.
Global X Blockchain & Bitcoin Strategy ETF Stock Up 7.2 %
Shares of BITS traded up $4.83 during mid-day trading on Monday, hitting $71.52. The company had a trading volume of 2,663 shares, compared to its average volume of 9,377. The business’s 50-day simple moving average is $66.76 and its 200-day simple moving average is $62.06. Global X Blockchain & Bitcoin Strategy ETF has a 1-year low of $31.74 and a 1-year high of $75.06. The stock has a market cap of $27.89 million, a PE ratio of -138.69 and a beta of 2.23.
Global X Blockchain & Bitcoin Strategy ETF Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, July 5th. Investors of record on Thursday, June 27th will be issued a $0.3784 dividend. The ex-dividend date of this dividend is Thursday, June 27th. Global X Blockchain & Bitcoin Strategy ETF’s payout ratio is -1,382.35%.
Global X Blockchain & Bitcoin Strategy ETF Company Profile
The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.
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