REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) Shares Down 1.8% – Here’s What Happened

REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) shares traded down 1.8% during mid-day trading on Tuesday . The company traded as low as $22.65 and last traded at $22.65. 134 shares traded hands during trading, a decline of 91% from the average session volume of 1,562 shares. The stock had previously closed at $23.06.

REX Bitcoin Corporate Treasury Convertible Bond ETF Trading Down 1.8%

The stock has a fifty day simple moving average of $23.52 and a two-hundred day simple moving average of $25.62.

Institutional Trading of REX Bitcoin Corporate Treasury Convertible Bond ETF

An institutional investor recently raised its position in REX Bitcoin Corporate Treasury Convertible Bond ETF stock. Jane Street Group LLC boosted its position in REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX) by 82.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,400 shares of the company’s stock after purchasing an additional 15,101 shares during the quarter. Jane Street Group LLC owned about 13.36% of REX Bitcoin Corporate Treasury Convertible Bond ETF worth $770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.