Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Short Interest Update

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 22,800 shares, a drop of 24.3% from the October 15th total of 30,100 shares. Based on an average daily trading volume, of 24,200 shares, the short-interest ratio is presently 0.9 days.

Valkyrie Bitcoin Strategy ETF Stock Up 2.1 %

BTF stock traded up $0.44 during trading hours on Friday, hitting $21.30. 76,308 shares of the stock were exchanged, compared to its average volume of 51,221. The company has a 50-day simple moving average of $16.84 and a two-hundred day simple moving average of $17.81. Valkyrie Bitcoin Strategy ETF has a 12 month low of $12.40 and a 12 month high of $23.25.

Valkyrie Bitcoin Strategy ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 19th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.25%. The ex-dividend date was Thursday, September 19th.

About Valkyrie Bitcoin Strategy ETF

The Valkyrie Bitcoin Strategy ETF (BTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund portfolio includes CME Bitcoin Futures, treasuries, corporate bonds, and cash, and does not have direct exposure to bitcoin. BTF was launched on Oct 21, 2021 and is managed by Valkyrie.