Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 336 shares, an increase of 441.9% from the June 30th total of 62 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 2,131 shares, the short-interest ratio is currently 0.2 days.
Grayscale Bitcoin Premium Income ETF Trading Down 0.7%
Shares of NYSEARCA:BPI traded down $0.15 on Friday, hitting $20.77. 21 shares of the company were exchanged, compared to its average volume of 1,791. The stock’s 50 day moving average price is $21.61 and its 200 day moving average price is $24.32. Grayscale Bitcoin Premium Income ETF has a 1-year low of $18.55 and a 1-year high of $45.36. The firm has a market capitalization of $3.12 million, a P/E ratio of 54.66 and a beta of 1.53.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Grayscale Bitcoin Premium Income ETF stock. Jane Street Group LLC bought a new position in Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,666 shares of the company’s stock, valued at approximately $231,000. Jane Street Group LLC owned about 5.90% of Grayscale Bitcoin Premium Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 80.90% of the company’s stock.
About Grayscale Bitcoin Premium Income ETF
The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.
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