Short Interest in Hashdex Bitcoin ETF (NYSEARCA:DEFI) Grows By 78.6%

Hashdex Bitcoin ETF (NYSEARCA:DEFI) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,500 shares, a growth of 78.6% from the September 30th total of 1,400 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 2.3 days. Approximately 2.1% of the company’s shares are short sold. Approximately 2.1% of the company’s shares are short sold. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 2.3 days.

Hashdex Bitcoin ETF Stock Up 3.1%

Shares of DEFI stock opened at $124.41 on Friday. Hashdex Bitcoin ETF has a one year low of $76.71 and a one year high of $142.50. The company has a 50 day moving average price of $128.34 and a 200 day moving average price of $123.99.

Hedge Funds Weigh In On Hashdex Bitcoin ETF

A hedge fund recently bought a new stake in Hashdex Bitcoin ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Hashdex Bitcoin ETF (NYSEARCA:DEFI) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,025 shares of the company’s stock, valued at approximately $733,000. Flow Traders U.S. LLC owned about 5.02% of Hashdex Bitcoin ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Hashdex Bitcoin ETF

The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME).