REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) Stock Price Down 2.1% – What’s Next?

Shares of REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) fell 2.1% on Friday . The stock traded as low as $23.29 and last traded at $23.46. 435 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 1,196 shares. The stock had previously closed at $23.96.

REX Bitcoin Corporate Treasury Convertible Bond ETF Stock Down 2.1%

The stock has a fifty day simple moving average of $23.10 and a two-hundred day simple moving average of $24.48.

Institutional Trading of REX Bitcoin Corporate Treasury Convertible Bond ETF

A hedge fund recently raised its stake in REX Bitcoin Corporate Treasury Convertible Bond ETF stock. Jane Street Group LLC increased its stake in shares of REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) by 82.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,400 shares of the company’s stock after acquiring an additional 15,101 shares during the quarter. Jane Street Group LLC owned approximately 13.36% of REX Bitcoin Corporate Treasury Convertible Bond ETF worth $770,000 at the end of the most recent quarter.

About REX Bitcoin Corporate Treasury Convertible Bond ETF

The REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund structured as a C-Corp, invests in OTC convertible bonds issued by US public companies that hold bitcoin on their balance sheets. The fund aims for total return, without limitations on credit quality or duration BMAX was launched on Mar 14, 2025 and is issued by REX Shares.