Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 181 shares, a decline of 46.1% from the July 15th total of 336 shares. Based on an average trading volume of 543 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.
Institutional Trading of Grayscale Bitcoin Premium Income ETF
A hedge fund recently bought a new position in Grayscale Bitcoin Premium Income ETF stock. Jane Street Group LLC acquired a new stake in shares of Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,666 shares of the company’s stock, valued at approximately $231,000. Jane Street Group LLC owned 5.90% of Grayscale Bitcoin Premium Income ETF at the end of the most recent quarter. 80.90% of the stock is currently owned by hedge funds and other institutional investors.
Grayscale Bitcoin Premium Income ETF Stock Up 0.5%
Grayscale Bitcoin Premium Income ETF stock traded up $0.11 during mid-day trading on Tuesday, reaching $20.79. The company had a trading volume of 87 shares, compared to its average volume of 1,761. The firm has a market cap of $3.12 million, a price-to-earnings ratio of 54.71 and a beta of 1.37. The company has a 50 day moving average of $20.61 and a 200-day moving average of $23.05. Grayscale Bitcoin Premium Income ETF has a 52 week low of $18.55 and a 52 week high of $44.01.
Grayscale Bitcoin Premium Income ETF Company Profile
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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