Short Interest in Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Expands By 850.0%

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 3,800 shares, an increase of 850.0% from the August 31st total of 400 shares. Based on an average trading volume of 45,100 shares, the short-interest ratio is presently 0.1 days.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Stock Up 5.0 %

Shares of NASDAQ BTFX opened at $27.05 on Friday. The firm’s 50 day simple moving average is $25.22 and its 200-day simple moving average is $31.79. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a 12 month low of $16.34 and a 12 month high of $49.79.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Company Profile

The Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund seeks to achieve 2x daily Bitcoin index returns via Bitcoin futures contracts, mitigating risks through collateral investments and the use of reverse repurchase agreements.