21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Short Interest Up 837.7% in August

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC – Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 4,576 shares, a growth of 837.7% from the August 15th total of 488 shares. Based on an average daily volume of 1,921 shares, the short-interest ratio is presently 2.4 days. Currently, 7.6% of the company’s stock are short sold.

21Shares FTSE Crypto 10 ex-BTC Index ETF Stock Down 1.8%

Shares of TXBC stock traded down $0.31 during trading on Thursday, reaching $16.88. The company’s stock had a trading volume of 5,424 shares, compared to its average volume of 1,776. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a one year low of $11.68 and a one year high of $25.53. The firm’s fifty day moving average is $14.42.

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21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA: TXBC) is an exchange-traded fund listed on the NYSE Arca that seeks to provide investors with diversified exposure to a basket of major cryptocurrencies while excluding Bitcoin. The fund is designed to track the FTSE Crypto 10 ex BTC Index, an index that represents a selection of large-cap digital assets other than Bitcoin. By packaging multiple crypto exposures into a single, exchange-listed vehicle, TXBC aims to simplify access to a segment of the digital asset market for investors trading on a regulated U.S.

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