Short Interest in Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) Increases By 800.0%

Posted by Defense World Staff on Sep 3rd, 2025

Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Get Free Report) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 900 shares, anincreaseof800.0% from the July 31st total of 100 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 0.2 days.

Global X Blockchain & Bitcoin Strategy ETF Stock Up 1.9%

Shares of NASDAQ:BITS opened at $81.06 on Wednesday. The company’s fifty day moving average is $78.66 and its two-hundred day moving average is $66.26. Global X Blockchain & Bitcoin Strategy ETF has a 12-month low of $45.63 and a 12-month high of $106.93. The company has a market cap of $36.48 million, a P/E ratio of -158.94 and a beta of 2.23.

Global X Blockchain & Bitcoin Strategy ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, July 7th. Stockholders of record on Friday, June 27th were issued a dividend of $0.2562 per share. The ex-dividend date was Friday, June 27th. Global X Blockchain & Bitcoin Strategy ETF’s payout ratio is currently -3,790.20%.

Hedge Funds Weigh In On Global X Blockchain & Bitcoin Strategy ETF

A hedge fund recently raised its stake in Global X Blockchain & Bitcoin Strategy ETF stock. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Free Report) by 76.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 763 shares of the company’s stock after acquiring an additional 331 shares during the period. Thurston Springer Miller Herd & Titak Inc. owned 0.17% of Global X Blockchain & Bitcoin Strategy ETF worth $55,000 as of its most recent SEC filing. Institutional investors and hedge funds own 24.54% of the company’s stock.

About Global X Blockchain & Bitcoin Strategy ETF

(Get Free Report)

The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.