Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) Short Interest Update

Valkyrie Bitcoin Futures Leveraged Strategy ETF (NASDAQ:BTFX) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 400 shares, a drop of 87.1% from the September 30th total of 3,100 shares. Based on an average daily volume of 35,700 shares, the short-interest ratio is presently 0.0 days.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Price Performance

BTFX stock traded down $1.38 during trading on Friday, reaching $30.13. 41,947 shares of the company were exchanged, compared to its average volume of 78,961. The company has a 50-day moving average of $25.73 and a two-hundred day moving average of $29.81. Valkyrie Bitcoin Futures Leveraged Strategy ETF has a twelve month low of $16.34 and a twelve month high of $49.79.

Valkyrie Bitcoin Futures Leveraged Strategy ETF Company Profile

The Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures index. The fund seeks to achieve 2x daily Bitcoin index returns via Bitcoin futures contracts, mitigating risks through collateral investments and the use of reverse repurchase agreements.