Nicholas Crypto Income ETF (NYSEARCA:BLOX) Short Interest Up 130.2% in August

Nicholas Crypto Income ETF (NYSEARCA:BLOX) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 168,395 shares, a growth of 130.2% from the August 15th total of 73,154 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 392,112 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Nicholas Crypto Income ETF

Several hedge funds have recently modified their holdings of BLOX. ZEGA Investments LLC grew its holdings in Nicholas Crypto Income ETF by 38.3% in the second quarter. ZEGA Investments LLC now owns 13,962 shares of the company’s stock worth $217,000 after purchasing an additional 3,865 shares during the period. SMART Wealth LLC raised its holdings in shares of Nicholas Crypto Income ETF by 46.8% during the first quarter. SMART Wealth LLC now owns 92,996 shares of the company’s stock valued at $1,204,000 after purchasing an additional 29,655 shares during the period. Finally, Nicholas Wealth LLC. boosted its position in shares of Nicholas Crypto Income ETF by 16.2% during the 1st quarter. Nicholas Wealth LLC. now owns 183,226 shares of the company’s stock worth $2,373,000 after purchasing an additional 25,519 shares in the last quarter. Institutional investors own 93.93% of the company’s stock.

Nicholas Crypto Income ETF Price Performance

Shares of Nicholas Crypto Income ETF stock opened at $14.00 on Monday. The stock’s 50-day moving average is $13.74 and its 200 day moving average is $15.05. Nicholas Crypto Income ETF has a one year low of $11.93 and a one year high of $28.00. The firm has a market cap of $297.78 million, a price-to-earnings ratio of -56.00 and a beta of 3.13.