Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) Short Interest Down 70.5% in January

Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) saw a significant decrease in short interest in January. As of January 30th, there was short interest totaling 2,912 shares, a decrease of 70.5% from the January 15th total of 9,858 shares. Based on an average daily volume of 4,306 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 4,306 shares, the days-to-cover ratio is presently 0.7 days.

Global X Blockchain & Bitcoin Strategy ETF Stock Down 3.5%

Shares of NASDAQ BITS opened at $53.78 on Friday. Global X Blockchain & Bitcoin Strategy ETF has a twelve month low of $45.63 and a twelve month high of $118.78. The firm has a market cap of $24.74 million, a PE ratio of -105.45 and a beta of 2.69. The business has a fifty day simple moving average of $71.13 and a two-hundred day simple moving average of $84.09.

Global X Blockchain & Bitcoin Strategy ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were paid a $14.0406 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 4,477.0%. Global X Blockchain & Bitcoin Strategy ETF’s dividend payout ratio is -2,752.94%.

Global X Blockchain & Bitcoin Strategy ETF Company Profile

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.