Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) Shares Shorted: Short Interest Down 66.4% in September

Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 8,965 shares, a decline of 66.4% from the September 15th total of 26,683 shares. Based on an average daily trading volume, of 73,558 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are sold short.

Hashdex Nasdaq Crypto Index US ETF Price Performance

NCIQ traded down $0.38 during mid-day trading on Wednesday, hitting $20.45. 59,371 shares of the stock were exchanged, compared to its average volume of 47,437. The firm’s fifty day moving average is $19.52 and its two-hundred day moving average is $18.07. Hashdex Nasdaq Crypto Index US ETF has a 1-year low of $14.38 and a 1-year high of $30.91.

Institutional Trading of Hashdex Nasdaq Crypto Index US ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Archer Investment Management LLC lifted its position in shares of Hashdex Nasdaq Crypto Index US ETF by 1,091.9% during the second quarter. Archer Investment Management LLC now owns 157,232 shares of the company’s stock worth $2,297,000 after purchasing an additional 144,040 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Hashdex Nasdaq Crypto Index US ETF in the fourth quarter valued at approximately $1,611,000. Compound Planning Inc. purchased a new position in shares of Hashdex Nasdaq Crypto Index US ETF in the first quarter valued at approximately $670,000. Finally, Baer Investment Advisory LLC acquired a new position in shares of Hashdex Nasdaq Crypto Index US ETF in the first quarter valued at approximately $392,000.

Hashdex Nasdaq Crypto Index US ETF Company Profile

The Hashdex Nasdaq Crypto Index US ETF (NCIQ) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.