GraniteShares YieldBOOST Bitcoin ETF (NASDAQ:XBTY) Sees Significant Growth in Short Interest

GraniteShares YieldBOOST Bitcoin ETF (NASDAQ:XBTY) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 57,700 shares, an increase of 206.9% from the August 31st total of 18,800 shares. Based on an average trading volume of 172,500 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 172,500 shares, the days-to-cover ratio is presently 0.3 days.

GraniteShares YieldBOOST Bitcoin ETF Stock Down 0.2%

Shares of NASDAQ XBTY opened at $19.41 on Friday. GraniteShares YieldBOOST Bitcoin ETF has a 52-week low of $19.00 and a 52-week high of $26.92. The company has a 50 day moving average price of $22.27.

GraniteShares YieldBOOST Bitcoin ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 26th were given a dividend of $0.3908 per share. The ex-dividend date of this dividend was Friday, September 26th.

Hedge Funds Weigh In On GraniteShares YieldBOOST Bitcoin ETF

An institutional investor recently bought a new position in GraniteShares YieldBOOST Bitcoin ETF stock. Jane Street Group LLC acquired a new position in GraniteShares YieldBOOST Bitcoin ETF (NASDAQ:XBTY) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 12,665 shares of the company’s stock, valued at approximately $315,000. Jane Street Group LLC owned 0.90% of GraniteShares YieldBOOST Bitcoin ETF at the end of the most recent reporting period.

GraniteShares YieldBOOST Bitcoin ETF Company Profile

GraniteShares ETF Trust – GraniteShares YieldBOOST Bitcoin ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in currency markets. The fund invests through derivatives in Bitcoin. It uses derivatives such as options to create its portfolio.