Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) Short Interest Update

Global X Blockchain & Bitcoin Strategy ETF (NASDAQ:BITS) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 9,858 shares, an increase of 23.1% from the December 31st total of 8,006 shares. Based on an average daily trading volume, of 6,029 shares, the short-interest ratio is currently 1.6 days. Currently, 2.1% of the shares of the stock are short sold. Currently, 2.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,029 shares, the short-interest ratio is currently 1.6 days.

Global X Blockchain & Bitcoin Strategy ETF Stock Performance

Shares of Global X Blockchain & Bitcoin Strategy ETF stock traded down $0.16 on Tuesday, reaching $62.03. 2,892 shares of the stock were exchanged, compared to its average volume of 4,887. The firm’s 50 day moving average is $75.49 and its 200-day moving average is $85.60. Global X Blockchain & Bitcoin Strategy ETF has a one year low of $45.63 and a one year high of $118.78. The firm has a market cap of $28.53 million, a PE ratio of -122.43 and a beta of 2.69.

Global X Blockchain & Bitcoin Strategy ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a dividend of $14.0406 per share. This represents a dividend yield of 4,477.0%. The ex-dividend date was Tuesday, December 30th. Global X Blockchain & Bitcoin Strategy ETF’s payout ratio is -2,752.94%.

About Global X Blockchain & Bitcoin Strategy ETF

The Global X Blockchain & Bitcoin Strategy ETF (BITS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that aims to capture the long-term growth potential of blockchain companies and bitcoin futures. BITS was launched on Nov 15, 2021 and is managed by Global X.