Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) Sees Significant Increase in Short Interest

Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 2 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 354 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Global X Bitcoin Trend Strategy ETF Trading Up 2.2%

Shares of NYSEARCA:BTRN opened at $26.40 on Tuesday. The stock has a fifty day simple moving average of $25.25 and a two-hundred day simple moving average of $26.31. Global X Bitcoin Trend Strategy ETF has a 12-month low of $24.48 and a 12-month high of $40.66.

Global X Bitcoin Trend Strategy ETF Company Profile

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.