NEOS Bitcoin High Income ETF (BATS:BTCI) Short Interest Down 43.6% in August

NEOS Bitcoin High Income ETF (BATS:BTCI) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 183,249 shares, a decline of 43.6% from the August 15th total of 324,631 shares. Based on an average daily volume of 653,004 shares, the short-interest ratio is presently 0.3 days. Approximately 3.0% of the shares of the stock are sold short.

NEOS Bitcoin High Income ETF Trading Up 1.8%

Shares of BATS:BTCI opened at $32.70 on Tuesday. The business’s fifty day moving average price is $29.99 and its two-hundred day moving average price is $32.06. NEOS Bitcoin High Income ETF has a one year low of $26.52 and a one year high of $64.03.

Institutional Trading of NEOS Bitcoin High Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc raised its position in shares of NEOS Bitcoin High Income ETF by 341.1% in the fourth quarter. IFP Advisors Inc now owns 741 shares of the company’s stock valued at $33,000 after buying an additional 573 shares during the last quarter. Fullerton Advisors LLC lifted its stake in shares of NEOS Bitcoin High Income ETF by 7.2% during the first quarter. Fullerton Advisors LLC now owns 6,334 shares of the company’s stock valued at $208,000 after buying an additional 426 shares during the period. Allworth Financial LP boosted its position in NEOS Bitcoin High Income ETF by 34.4% during the second quarter. Allworth Financial LP now owns 8,592 shares of the company’s stock worth $231,000 after acquiring an additional 2,200 shares during the last quarter. Foguth Wealth Management LLC. acquired a new stake in NEOS Bitcoin High Income ETF during the first quarter worth approximately $232,000. Finally, CAP Partners LLC grew its stake in NEOS Bitcoin High Income ETF by 14.3% in the 1st quarter. CAP Partners LLC now owns 7,213 shares of the company’s stock worth $236,000 after acquiring an additional 903 shares during the period.

NEOS Bitcoin High Income ETF Company Profile

The NEOS Bitcoin High Income ETF (BTCI) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a fund-of-funds that seeks high monthly income with the potential for appreciation by investing in ETPs with exposure to bitcoin while also utilizing call option strategies. BTCI was launched on Oct 17, 2024 and is issued by Neos.