Fortuna Hedged Bitcoin ETF (BATS:HBTC) Sees Large Increase in Short Interest

Fortuna Hedged Bitcoin ETF (BATS:HBTC) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 635 shares, an increase of 63,400.0% from the October 15th total of 1 shares. Currently, 1.6% of the shares of the company are sold short. Based on an average daily trading volume, of 204 shares, the short-interest ratio is presently 3.1 days.

Fortuna Hedged Bitcoin ETF Price Performance

Shares of HBTC stock opened at $19.25 on Thursday. Fortuna Hedged Bitcoin ETF has a 12-month low of $17.19 and a 12-month high of $28.34. The business has a 50 day simple moving average of $21.11 and a 200 day simple moving average of $19.90.

Fortuna Hedged Bitcoin ETF Company Profile

Listed Funds Trust – Fortuna Hedged Bitcoin Fund is an exchange traded fund launched by Listed Funds Trust. It invests in public equity and currency markets. For its equity portion, it invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options and futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in bitcoin.