CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Short Interest Up 112.8% in December

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 51,007 shares, a growth of 112.8% from the November 30th total of 23,974 shares. Based on an average daily volume of 7,699 shares, the short-interest ratio is presently 6.6 days. Currently, 20.4% of the company’s shares are sold short. Currently, 20.4% of the company’s shares are sold short. Based on an average daily volume of 7,699 shares, the short-interest ratio is presently 6.6 days.

Institutional Trading of CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF

An institutional investor recently raised its position in CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF stock. Susquehanna International Group LLP raised its position in CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) by 419.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,231 shares of the company’s stock after purchasing an additional 20,372 shares during the quarter. Susquehanna International Group LLP owned 10.09% of CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF worth $1,437,000 at the end of the most recent quarter.

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF Price Performance

The company has a fifty day moving average price of $38.30 and a 200 day moving average price of $50.96. CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF has a one year low of $27.38 and a one year high of $72.53.

About CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF

The Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund seeks to achieve 2x daily Bitcoin index returns via Bitcoin futures contracts, mitigating risks through collateral investments and the use of reverse repurchase agreements. BTFX was launched on Feb 21, 2024 and is issued by Valkyrie.