Short Interest in CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Declines By 25.0%

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 1,200 shares, a decrease of 25.0% from the May 15th total of 1,600 shares. Based on an average trading volume of 6,900 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the company are sold short.

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF Stock Down 1.8%

CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF stock opened at $49.55 on Friday. The stock has a 50 day moving average of $47.81 and a two-hundred day moving average of $48.52. CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF has a twelve month low of $16.34 and a twelve month high of $72.53.

About CoinShares Valkyrie Bitcoin Futures Leveraged Strategy ETF

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.