Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN – Get Free Report) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 39 shares, a growth of 3,800.0% from the May 14th total of 1 shares. Based on an average trading volume of 6,627 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are short sold.
Global X Bitcoin Trend Strategy ETF Stock Performance
Shares of NYSEARCA:BTRN remained flat at $25.17 during trading on Wednesday. The stock had a trading volume of 117 shares, compared to its average volume of 2,103. The firm’s fifty day moving average price is $27.42 and its two-hundred day moving average price is $29.03. Global X Bitcoin Trend Strategy ETF has a 1-year low of $25.14 and a 1-year high of $43.43.
Hedge Funds Weigh In On Global X Bitcoin Trend Strategy ETF
A hedge fund recently bought a new stake in Global X Bitcoin Trend Strategy ETF stock. Jane Street Group LLC purchased a new stake in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 24,890 shares of the company’s stock, valued at approximately $837,000. Jane Street Group LLC owned 13.83% of Global X Bitcoin Trend Strategy ETF at the end of the most recent reporting period.
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.
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