Fortuna Hedged Bitcoin ETF (BATS:HBTC) Short Interest Down 88.5% in August

Fortuna Hedged Bitcoin ETF (BATS:HBTC) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 75 shares, a decline of 88.5% from the August 15th total of 655 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 82 shares, the days-to-cover ratio is currently 0.9 days.

Fortuna Hedged Bitcoin ETF Price Performance

Shares of HBTC traded down $0.24 during trading hours on Thursday, reaching $20.66. The stock had a trading volume of 16 shares, compared to its average volume of 500. Fortuna Hedged Bitcoin ETF has a 12 month low of $17.19 and a 12 month high of $32.03. The firm has a 50-day simple moving average of $18.87 and a 200 day simple moving average of $19.31.

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.