Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) Short Interest Update

Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1 shares, a decrease of 99.8% from the April 30th total of 402 shares. Based on an average daily volume of 516 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Global X Bitcoin Trend Strategy ETF Price Performance

Shares of NYSEARCA:BTRN traded down $0.28 during trading on Wednesday, reaching $26.89. 52 shares of the stock were exchanged, compared to its average volume of 2,272. Global X Bitcoin Trend Strategy ETF has a 1-year low of $26.89 and a 1-year high of $43.43. The stock has a fifty day moving average of $27.71 and a two-hundred day moving average of $29.65.

Institutional Investors Weigh In On Global X Bitcoin Trend Strategy ETF

A hedge fund recently bought a new stake in Global X Bitcoin Trend Strategy ETF stock. Jane Street Group LLC bought a new position in shares of Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 24,890 shares of the company’s stock, valued at approximately $837,000. Jane Street Group LLC owned approximately 13.83% of Global X Bitcoin Trend Strategy ETF at the end of the most recent reporting period.

About Global X Bitcoin Trend Strategy ETF

The Global X Bitcoin Trend Strategy ETF (BTRN) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund tracks an index that toggles between long bitcoin futures and a US Treasury ETFs. The allocation between these components are based on bitcoins price trend. BTRN was launched on Mar 20, 2024 and is issued by Global X.