Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) Sees Large Growth in Short Interest

Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Get Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 1,274 shares, a growth of 160.0% from the September 30th total of 490 shares. Based on an average daily trading volume, of 1,293 shares, the days-to-cover ratio is currently 1.0 days. Currently, 1.3% of the shares of the stock are short sold.

Grayscale Bitcoin Premium Income ETF Stock Down 1.5%

Shares of Grayscale Bitcoin Premium Income ETF stock traded down $0.37 during midday trading on Thursday, hitting $24.79. The company’s stock had a trading volume of 72 shares, compared to its average volume of 1,642. The stock has a 50-day simple moving average of $25.01 and a 200-day simple moving average of $24.05. Grayscale Bitcoin Premium Income ETF has a 1-year low of $18.55 and a 1-year high of $38.73. The firm has a market capitalization of $2.48 million, a P/E ratio of 65.24 and a beta of 1.32.

About Grayscale Bitcoin Premium Income ETF

(Get Free Report)

The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.

Read More

Receive News & Ratings for Grayscale Bitcoin Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Bitcoin Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.