Fortuna Hedged Bitcoin ETF (BATS:HBTC) Sees Large Growth in Short Interest

Fortuna Hedged Bitcoin ETF (BATS:HBTC) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 55 shares, an increase of 2,650.0% from the April 30th total of 2 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 426 shares, the short-interest ratio is currently 0.1 days.

Fortuna Hedged Bitcoin ETF Stock Performance

HBTC opened at $19.76 on Thursday. Fortuna Hedged Bitcoin ETF has a 1-year low of $18.98 and a 1-year high of $32.07. The business has a 50 day moving average price of $20.22 and a two-hundred day moving average price of $22.27.

About Fortuna Hedged Bitcoin ETF

Listed Funds Trust – Fortuna Hedged Bitcoin Fund is an exchange traded fund launched by Listed Funds Trust. It invests in public equity and currency markets. For its equity portion, it invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options and futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in bitcoin.