Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (NYSEARCA:BITC – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 116 shares, a decrease of 84.2% from the May 14th total of 735 shares. Based on an average daily trading volume, of 3,445 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF Trading Up 0.1%
Shares of NYSEARCA BITC traded up $0.03 during midday trading on Wednesday, hitting $39.08. The company’s stock had a trading volume of 837 shares, compared to its average volume of 5,096. The business’s 50 day moving average is $38.79 and its two-hundred day moving average is $38.04. Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF has a 12-month low of $35.47 and a 12-month high of $51.40.
Institutional Investors Weigh In On Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF
An institutional investor recently bought a new position in Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC purchased a new position in Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (NYSEARCA:BITC – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,115 shares of the company’s stock, valued at approximately $660,000. Jane Street Group LLC owned 4.53% of Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF Company Profile
The Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund actively manages a portfolio of bitcoin futures contracts that exhibit the highest implied roll yield, collateralized by short-term debt securities. The fund seeks to provide capital appreciation with low correlation to traditional asset classes. BITC was launched on Mar 20, 2023 and is managed by Bitwise.
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