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

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 61,500 shares, an increase of 942.4% from the December 31st 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 Trading Down 0.9 %

Shares of NASDAQ:BTF opened at $14.42 on Wednesday. Valkyrie Bitcoin Strategy ETF has a 1 year low of $13.09 and a 1 year high of $26.25. The firm has a fifty day moving average price of $19.33 and a 200 day moving average price of $17.81.

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.