Hashdex Bitcoin ETF (NYSEARCA:DEFI) Short Interest Up 1,680.0% in February

Hashdex Bitcoin ETF (NYSEARCA:DEFI) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 178 shares, a growth of 1,680.0% from the January 29th total of 10 shares. Based on an average daily trading volume, of 1,652 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,652 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Hashdex Bitcoin ETF

A hedge fund recently bought a new stake in Hashdex Bitcoin ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Hashdex Bitcoin ETF (NYSEARCA:DEFI) in the 2nd quarter, according to its most recent disclosure with the Securities and 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 5.02% of Hashdex Bitcoin ETF at the end of the most recent quarter.

Hashdex Bitcoin ETF Price Performance

Shares of Hashdex Bitcoin ETF stock opened at $78.40 on Thursday. Hashdex Bitcoin ETF has a 1 year low of $71.62 and a 1 year high of $142.50. The stock has a 50-day moving average price of $93.00 and a 200 day moving average price of $111.00.

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.