Short Interest in Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) Declines By 84.6%

Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 14,715 shares, a decrease of 84.6% from the May 14th total of 95,329 shares. Based on an average daily trading volume, of 20,987 shares, the days-to-cover ratio is currently 0.7 days. Approximately 36.8% of the shares of the stock are short sold.

Hashdex Nasdaq Crypto Index US ETF Price Performance

Shares of NCIQ stock traded up $0.44 on Thursday, hitting $15.71. 156,000 shares of the company’s stock were exchanged, compared to its average volume of 42,704. Hashdex Nasdaq Crypto Index US ETF has a 12 month low of $14.57 and a 12 month high of $34.26. The company has a 50 day moving average of $18.48 and a 200 day moving average of $19.98.

Institutional Trading of Hashdex Nasdaq Crypto Index US ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Arax Advisory Partners bought a new stake in shares of Hashdex Nasdaq Crypto Index US ETF during the 4th quarter worth $31,000. Optima Capital LLC bought a new stake in shares of Hashdex Nasdaq Crypto Index US ETF during the 4th quarter worth $52,000. CWM LLC lifted its position in shares of Hashdex Nasdaq Crypto Index US ETF by 398.8% during the 4th quarter. CWM LLC now owns 2,494 shares of the company’s stock worth $57,000 after buying an additional 1,994 shares during the last quarter. Victory Financial Group LLC bought a new stake in shares of Hashdex Nasdaq Crypto Index US ETF during the 4th quarter worth $386,000. Finally, Baer Investment Advisory LLC bought a new stake in shares of Hashdex Nasdaq Crypto Index US ETF during the 1st quarter worth $392,000.

Hashdex Nasdaq Crypto Index US ETF Company Profile

The Hashdex Nasdaq Crypto Index US ETF (NCIQ) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.