Short Interest in Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Increases By 146.4%

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 30,800 shares, an increase of 146.4% from the September 15th total of 12,500 shares. Based on an average daily trading volume, of 33,400 shares, the days-to-cover ratio is currently 0.9 days.

Valkyrie Bitcoin Strategy ETF Stock Up 4.8 %

NASDAQ:BTF opened at $15.85 on Friday. Valkyrie Bitcoin Strategy ETF has a twelve month low of $9.79 and a twelve month high of $23.25. The stock’s 50-day simple moving average is $15.76 and its 200 day simple moving average is $18.09.

Valkyrie Bitcoin Strategy ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 19th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend was Thursday, September 19th.

Valkyrie Bitcoin Strategy ETF Company Profile

The Valkyrie Bitcoin Strategy ETF (BTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund portfolio includes CME Bitcoin Futures, treasuries, corporate bonds, and cash, and does not have direct exposure to bitcoin. BTF was launched on Oct 21, 2021 and is managed by Valkyrie.