21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Sees Large Decrease in Short Interest

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 2,102 shares, a drop of 50.2% from the September 15th total of 4,221 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,384 shares, the days-to-cover ratio is presently 0.9 days.

21Shares FTSE Crypto 10 ex-BTC Index ETF Trading Down 2.0%

TXBC stock traded down $0.36 during trading on Wednesday, hitting $17.09. The stock had a trading volume of 3,274 shares, compared to its average volume of 1,806. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a twelve month low of $11.68 and a twelve month high of $25.53. The company’s 50-day moving average price is $16.67 and its two-hundred day moving average price is $15.15.

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA: TXBC) is an exchange-traded fund listed on the NYSE Arca that seeks to provide investors with diversified exposure to a basket of major cryptocurrencies while excluding Bitcoin. The fund is designed to track the FTSE Crypto 10 ex BTC Index, an index that represents a selection of large-cap digital assets other than Bitcoin. By packaging multiple crypto exposures into a single, exchange-listed vehicle, TXBC aims to simplify access to a segment of the digital asset market for investors trading on a regulated U.S.