NEOS Bitcoin High Income ETF (BATS:BTCI – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 312,948 shares, an increase of 70.8% from the August 31st total of 183,249 shares. Approximately 5.1% of the company’s shares are sold short. Based on an average daily trading volume, of 599,157 shares, the days-to-cover ratio is currently 0.5 days.
Hedge Funds Weigh In On NEOS Bitcoin High Income ETF
A number of hedge funds have recently modified their holdings of the business. Integrity Wealth Partners LLC acquired a new stake in NEOS Bitcoin High Income ETF in the first quarter valued at $992,000. Independent Financial Group LLC bought a new position in NEOS Bitcoin High Income ETF during the 1st quarter worth $787,000. IFP Advisors Inc raised its position in NEOS Bitcoin High Income ETF by 118.9% during the 2nd quarter. IFP Advisors Inc now owns 3,596 shares of the company’s stock worth $97,000 after purchasing an additional 1,953 shares during the last quarter. Allworth Financial LP lifted its holdings in NEOS Bitcoin High Income ETF by 34.4% during the 2nd quarter. Allworth Financial LP now owns 8,592 shares of the company’s stock worth $231,000 after buying an additional 2,200 shares during the period. Finally, Foguth Wealth Management LLC. bought a new stake in shares of NEOS Bitcoin High Income ETF in the 1st quarter valued at about $232,000.
NEOS Bitcoin High Income ETF Trading Up 0.0%
BATS:BTCI opened at $33.75 on Thursday. NEOS Bitcoin High Income ETF has a one year low of $26.52 and a one year high of $64.03. The firm’s 50 day simple moving average is $31.01 and its 200 day simple moving average is $32.01.
NEOS Bitcoin High Income ETF Company Profile
The NEOS Bitcoin High Income ETF (BTCI) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a fund-of-funds that seeks high monthly income with the potential for appreciation by investing in ETPs with exposure to bitcoin while also utilizing call option strategies. BTCI was launched on Oct 17, 2024 and is issued by Neos.
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