Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Short Interest Up 942.4% in December

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTFGet Free Report) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 61,500 shares, an increase of 942.4% from the December 15th total of 5,900 shares. Based on an average daily volume of 45,800 shares, the short-interest ratio is presently 1.3 days.

Valkyrie Bitcoin Strategy ETF Price Performance

Shares of NASDAQ BTF traded up $0.48 during trading on Wednesday, hitting $15.06. 20,734 shares of the company traded hands, compared to its average volume of 47,420. The business’s fifty day moving average is $20.29 and its 200 day moving average is $17.98. Valkyrie Bitcoin Strategy ETF has a fifty-two week low of $12.40 and a fifty-two week high of $26.25.

Valkyrie Bitcoin Strategy ETF Company Profile

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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.

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