Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 700 shares, a growth of 133.3% from the August 31st total of 300 shares. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 3,600 shares, the short-interest ratio is currently 0.2 days.
Global X Blockchain & Bitcoin Strategy ETF Trading Up 2.2%
Shares of Global X Blockchain & Bitcoin Strategy ETF stock opened at $105.28 on Monday. The stock’s fifty day simple moving average is $84.73 and its 200 day simple moving average is $71.57. The company has a market capitalization of $47.38 million, a PE ratio of -206.44 and a beta of 2.23. Global X Blockchain & Bitcoin Strategy ETF has a 12 month low of $45.63 and a 12 month high of $106.93.
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. lifted its holdings in Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS – Free Report) by 76.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 763 shares of the company’s stock after purchasing an additional 331 shares during the quarter. Thurston Springer Miller Herd & Titak Inc. owned about 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
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.
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