Short Interest in STKD Bitcoin & Gold ETF (NASDAQ:BTGD) Increases By 84.8%

STKD Bitcoin & Gold ETF (NASDAQ:BTGD) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 177,442 shares, a growth of 84.8% from the August 15th total of 96,018 shares. Based on an average daily volume of 42,653 shares, the days-to-cover ratio is presently 4.2 days. Currently, 9.0% of the shares of the stock are sold short.

STKD Bitcoin & Gold ETF Price Performance

Shares of NASDAQ:BTGD opened at $26.17 on Thursday. The firm has a fifty day simple moving average of $23.96 and a two-hundred day simple moving average of $26.26. STKD Bitcoin & Gold ETF has a 52 week low of $19.12 and a 52 week high of $48.86.

STKD Bitcoin & Gold ETF Company Profile

The STKD Bitcoin & Gold ETF (BTGD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that provides combined exposure to Bitcoin and gold through futures contracts and ETPs. The fund uses leverage to stack the total return of its Bitcoin holdings with the potential returns of the gold strategy. BTGD was launched on Oct 15, 2024 and is issued by Stacked.