Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Get Free Report)’s stock price dropped 2.1% during mid-day trading on Tuesday . The stock traded as low as $26.20 and last traded at $26.20. Approximately 659 shares were traded during trading, a decline of 63% from the average daily volume of 1,780 shares. The stock had previously closed at $26.75.
Grayscale Bitcoin Premium Income ETF Price Performance
The firm has a market cap of $3.41 million, a P/E ratio of 68.95 and a beta of -2.71. The company’s 50 day moving average is $30.85 and its two-hundred day moving average is $36.88.
Grayscale Bitcoin Premium Income ETF Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a $0.2321 dividend. The ex-dividend date was Thursday, January 29th. This represents a dividend yield of 1,204.0%. Grayscale Bitcoin Premium Income ETF’s dividend payout ratio (DPR) is currently 1,547.37%.
About Grayscale Bitcoin Premium Income ETF
The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.
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