Short Interest in Fortuna Hedged Bitcoin ETF (BATS:HBTC) Expands By 354.7%

Fortuna Hedged Bitcoin ETF (BATS:HBTC) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 432 shares, a growth of 354.7% from the July 15th total of 95 shares. Approximately 1.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 60 shares, the days-to-cover ratio is currently 7.2 days.

Fortuna Hedged Bitcoin ETF Price Performance

HBTC stock remained flat at $17.52 during trading on Friday. The company had a trading volume of 78 shares, compared to its average volume of 547. The firm’s fifty day moving average is $17.77 and its two-hundred day moving average is $19.43. Fortuna Hedged Bitcoin ETF has a twelve month low of $17.19 and a twelve month high of $32.03.

About Fortuna Hedged Bitcoin ETF

Listed Funds Trust – Fortuna Hedged Bitcoin Fund is an exchange traded fund launched by Listed Funds Trust. It invests in public equity and currency markets. For its equity portion, it invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options and futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in bitcoin.