2x Solana ETF (NASDAQ:SOLT) Sees Significant Increase in Short Interest

2x Solana ETF (NASDAQ:SOLT) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 6,587,859 shares, an increase of 19.5% from the January 15th total of 5,514,084 shares. Based on an average daily volume of 12,863,965 shares, the short-interest ratio is presently 0.5 days. Currently, 14.4% of the shares of the company are sold short. Currently, 14.4% of the shares of the company are sold short. Based on an average daily volume of 12,863,965 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of 2x Solana ETF

A number of institutional investors have recently made changes to their positions in the company. IFP Advisors Inc acquired a new position in 2x Solana ETF during the third quarter worth $86,000. Flow Traders U.S. LLC acquired a new position in 2x Solana ETF during the 2nd quarter worth about $238,000. Finally, Jump Financial LLC acquired a new position in 2x Solana ETF in the 4th quarter valued at about $434,000.

2x Solana ETF Stock Performance

2x Solana ETF stock opened at $2.38 on Thursday. 2x Solana ETF has a 12 month low of $2.14 and a 12 month high of $35.30. The business has a 50 day simple moving average of $5.88 and a 200-day simple moving average of $14.20.

2x Solana ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, February 19th. Investors of record on Wednesday, February 18th will be paid a $0.006 dividend. The ex-dividend date of this dividend is Wednesday, February 18th.

About 2x Solana ETF

The 2x Solana ETF (SOLT) is an exchange-traded fund managed by Volatility Shares, a U.S.-based investment management firm. This ETF seeks to provide investors with twice the daily exposure to Solana’s price movements through leveraged strategies, without the need for direct cryptocurrency ownership. It is designed for sophisticated investors seeking tactical cryptocurrency trading opportunities who understand the amplified risks associated with leveraged exposure.