Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) Shares Down 1.2% – Time to Sell?

Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITSGet Free Report) traded down 1.2% on Thursday . The stock traded as low as $58.80 and last traded at $58.80. 849 shares were traded during trading, a decline of 80% from the average session volume of 4,249 shares. The stock had previously closed at $59.52.

Global X Blockchain & Bitcoin Strategy ETF Stock Performance

The firm’s 50 day simple moving average is $62.12 and its 200-day simple moving average is $61.51. The company has a market capitalization of $24.70 million, a price-to-earnings ratio of -115.29 and a beta of 2.67.

Global X Blockchain & Bitcoin Strategy ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were issued a dividend of $0.1851 per share. The ex-dividend date was Monday, June 29th. Global X Blockchain & Bitcoin Strategy ETF’s payout ratio is currently -2,752.94%.

Global X Blockchain & Bitcoin Strategy ETF Company Profile

(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.

See Also

Receive News & Ratings for Global X Blockchain & Bitcoin Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Blockchain & Bitcoin Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.