Short Interest in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) Expands By 266.7%

Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 10,616 shares, an increase of 266.7% from the December 15th total of 2,895 shares. Currently, 7.6% of the shares of the company are sold short. Based on an average daily trading volume, of 7,853 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 7,853 shares, the short-interest ratio is currently 1.4 days. Currently, 7.6% of the shares of the company are sold short.

Institutional Trading of Global X Bitcoin Trend Strategy ETF

A hedge fund recently bought a new stake in Global X Bitcoin Trend Strategy ETF stock. Jane Street Group LLC acquired a new stake in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,890 shares of the company’s stock, valued at approximately $837,000. Jane Street Group LLC owned 13.83% of Global X Bitcoin Trend Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Global X Bitcoin Trend Strategy ETF Trading Up 1.7%

NYSEARCA:BTRN opened at $28.71 on Thursday. Global X Bitcoin Trend Strategy ETF has a 12 month low of $27.64 and a 12 month high of $43.43. The firm has a fifty day simple moving average of $33.53 and a 200-day simple moving average of $37.15.

Global X Bitcoin Trend Strategy ETF Company Profile

The Global X Bitcoin Trend Strategy ETF (BTRN) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund tracks an index that toggles between long bitcoin futures and a US Treasury ETFs. The allocation between these components are based on bitcoins price trend. BTRN was launched on Mar 20, 2024 and is issued by Global X.