REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) Sees Significant Increase in Short Interest

REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 800 shares, a growth of 100.0% from the September 15th total of 400 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is currently 0.1 days.

REX Bitcoin Corporate Treasury Convertible Bond ETF Stock Down 1.1%

Shares of NASDAQ BMAX opened at $27.30 on Monday. The stock’s fifty day simple moving average is $28.25 and its two-hundred day simple moving average is $28.79. REX Bitcoin Corporate Treasury Convertible Bond ETF has a 12-month low of $22.52 and a 12-month high of $33.20.

Institutional Trading of REX Bitcoin Corporate Treasury Convertible Bond ETF

An institutional investor recently bought a new position in REX Bitcoin Corporate Treasury Convertible Bond ETF stock. Jane Street Group LLC acquired a new stake in shares of REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 730,808 shares of the company’s stock, valued at approximately $18,497,000. Jane Street Group LLC owned about 243.60% of REX Bitcoin Corporate Treasury Convertible Bond ETF at the end of the most recent quarter.

REX Bitcoin Corporate Treasury Convertible Bond ETF Company Profile

The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund structured as a C-Corp, invests in OTC convertible bonds issued by US public companies that hold bitcoin on their balance sheets. The fund aims for total return, without limitations on credit quality or duration BMAX was launched on Mar 14, 2025 and is issued by REX Shares.