Global X Bitcoin Covered Call ETF (BATS:BCCC) Sees Large Decrease in Short Interest

Global X Bitcoin Covered Call ETF (BATS:BCCC) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 4,198 shares, a decline of 36.4% from the August 31st total of 6,600 shares. Based on an average daily trading volume, of 8,091 shares, the short-interest ratio is currently 0.5 days. Currently, 4.2% of the shares of the company are short sold.

Global X Bitcoin Covered Call ETF Trading Up 0.8%

Shares of Global X Bitcoin Covered Call ETF stock opened at $13.51 on Friday. The firm has a 50-day simple moving average of $12.64 and a two-hundred day simple moving average of $13.09. Global X Bitcoin Covered Call ETF has a fifty-two week low of $11.11 and a fifty-two week high of $25.79.

Global X Bitcoin Covered Call ETF Company Profile

Global X Funds – Global X Bitcoin Covered Call ETF is an exchange traded fund launched and managed by Global X Management Company LLC. It invests in fixed income and currency markets of the United States. For its fixed income portion, it invests directly and through other funds in short-term U.S. Treasury securities. For its currency portion, it invests through derivatives in bitcoin. The fund uses derivatives such as options and futures to create its portfolio. It seeks to invests in bitcoin futures through a wholly-owned Cayman Islands subsidiary.