Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN – Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 402 shares, an increase of 482.6% from the April 15th total of 69 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 1,067 shares, the short-interest ratio is presently 0.4 days.
Hedge Funds Weigh In On Global X Bitcoin Trend Strategy ETF
An institutional investor recently raised its position in Global X Bitcoin Trend Strategy ETF stock. Jane Street Group LLC lifted its position in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN – Free Report) by 199.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,042 shares of the company’s stock after buying an additional 12,012 shares during the period. Jane Street Group LLC owned approximately 18.04% of Global X Bitcoin Trend Strategy ETF worth $500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Global X Bitcoin Trend Strategy ETF Stock Performance
BTRN stock opened at $29.03 on Friday. Global X Bitcoin Trend Strategy ETF has a 1 year low of $27.00 and a 1 year high of $43.43. The stock’s fifty day moving average price is $27.69 and its 200-day moving average price is $30.17.
Global X Bitcoin Trend Strategy ETF Company Profile
The Global X Bitcoin Trend Strategy ETF (BTRN) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund tracks an index that toggles between long bitcoin futures and a US Treasury ETFs. The allocation between these components are based on bitcoins price trend. BTRN was launched on Mar 20, 2024 and is issued by Global X.
Featured Articles
- Five stocks we like better than Global X Bitcoin Trend Strategy ETF
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for Global X Bitcoin Trend Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Bitcoin Trend Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
