Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) Short Interest Down 74.2% in June

Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 62 shares, a decline of 74.2% from the June 15th total of 240 shares. Based on an average daily volume of 3,730 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Grayscale Bitcoin Premium Income ETF Trading Up 0.8%

Grayscale Bitcoin Premium Income ETF stock traded up $0.17 during mid-day trading on Tuesday, hitting $20.32. The company had a trading volume of 190 shares, compared to its average volume of 1,898. Grayscale Bitcoin Premium Income ETF has a 12 month low of $18.55 and a 12 month high of $45.36. The company has a market capitalization of $3.05 million, a PE ratio of 53.47 and a beta of 1.53. The stock’s 50 day moving average price is $22.64 and its two-hundred day moving average price is $24.87.

Institutional Trading of Grayscale Bitcoin Premium Income ETF

An institutional investor recently raised its stake in Grayscale Bitcoin Premium Income ETF stock. OLD Mission Capital LLC increased its position in Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) by 26.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,113 shares of the company’s stock after acquiring an additional 2,970 shares during the period. OLD Mission Capital LLC owned about 10.86% of Grayscale Bitcoin Premium Income ETF worth $425,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 80.90% of the company’s stock.

About Grayscale Bitcoin Premium Income ETF

The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.