Hashdex Bitcoin ETF (NYSEARCA:DEFI) Short Interest Update

Hashdex Bitcoin ETF (NYSEARCA:DEFI) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 980 shares, a growth of 450.6% from the February 12th total of 178 shares. Based on an average trading volume of 353 shares, the days-to-cover ratio is presently 2.8 days. Approximately 0.8% of the shares of the company are sold short. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 353 shares, the days-to-cover ratio is presently 2.8 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Hashdex Bitcoin ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Hashdex Bitcoin ETF (NYSEARCA:DEFI) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 6,025 shares of the company’s stock, valued at approximately $733,000. Flow Traders U.S. LLC owned approximately 5.02% of Hashdex Bitcoin ETF as of its most recent SEC filing.

Hashdex Bitcoin ETF Stock Up 0.4%

Shares of DEFI stock traded up $0.35 during trading on Wednesday, reaching $79.75. 139 shares of the company’s stock were exchanged, compared to its average volume of 848. Hashdex Bitcoin ETF has a twelve month low of $71.62 and a twelve month high of $142.50. The firm’s fifty day moving average price is $89.34 and its 200-day moving average price is $107.44.

Hashdex Bitcoin ETF Company Profile

The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME). DEFI was launched on Sep 15, 2022 and is managed by Teucrium.