Hashdex Bitcoin ETF (NYSEARCA:DEFI) Short Interest Update

Hashdex Bitcoin ETF (NYSEARCA:DEFI) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,400 shares, a decrease of 33.4% from the July 30th total of 2,103 shares. Based on an average daily volume of 7,617 shares, the short-interest ratio is presently 0.2 days. Currently, 1.2% of the company’s stock are sold short.

Hashdex Bitcoin ETF Stock Performance

Shares of DEFI stock opened at $72.77 on Thursday. Hashdex Bitcoin ETF has a 1-year low of $66.52 and a 1-year high of $142.50. The stock’s fifty day moving average price is $71.98 and its 200 day moving average price is $77.55.

About Hashdex Bitcoin ETF

The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME). DEFI was launched on Sep 15, 2022 and is managed by Teucrium.