Short Interest in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) Expands By ∞

Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 5 shares, a growth of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,150 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Bitcoin Trend Strategy ETF stock. Jane Street Group LLC increased its stake in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) by 199.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 18,042 shares of the company’s stock after purchasing an additional 12,012 shares during the quarter. Jane Street Group LLC owned approximately 18.04% of Global X Bitcoin Trend Strategy ETF worth $500,000 at the end of the most recent reporting period.

Global X Bitcoin Trend Strategy ETF Price Performance

NYSEARCA BTRN traded down $0.02 during trading on Friday, hitting $24.68. 13 shares of the company traded hands, compared to its average volume of 1,904. Global X Bitcoin Trend Strategy ETF has a 12 month low of $24.50 and a 12 month high of $42.48. The business has a fifty day simple moving average of $25.84 and a 200 day simple moving average of $27.04.

Global X Bitcoin Trend Strategy ETF Company Profile

The Global X Bitcoin Trend Strategy ETF (BTRN) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund tracks an index that toggles between long bitcoin futures and a US Treasury ETFs. The allocation between these components are based on bitcoins price trend. BTRN was launched on Mar 20, 2024 and is issued by Global X.