Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) Short Interest Update

Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 39 shares, an increase of 3,800.0% from the May 14th total of 1 shares. Based on an average trading volume of 6,627 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Global X Bitcoin Trend Strategy ETF Price Performance

Shares of BTRN stock opened at $25.17 on Thursday. Global X Bitcoin Trend Strategy ETF has a 1 year low of $25.14 and a 1 year high of $43.43. The firm has a fifty day moving average price of $27.37 and a 200-day moving average price of $28.96.

Institutional Investors Weigh In On 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 shares of Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 at the end of the most recent reporting period.

About Global X Bitcoin Trend Strategy ETF

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.