Nicholas Crypto Income ETF (NYSEARCA:BLOX) Stock Short Interest Report for October

Nicholas Crypto Income ETF (NYSEARCA:BLOX) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 42,569 shares, a drop of 81.8% from the September 30th total of 234,048 shares. Based on an average trading volume of 466,359 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

Nicholas Crypto Income ETF Trading Down 1.5%

NYSEARCA:BLOX opened at $11.00 on Tuesday. The firm has a market capitalization of $247.50 million, a price-to-earnings ratio of -44.00 and a beta of 3.02. The firm’s fifty day simple moving average is $13.35 and its 200 day simple moving average is $15.11. Nicholas Crypto Income ETF has a twelve month low of $10.83 and a twelve month high of $26.90.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Centennial Advisors LLC lifted its stake in shares of Nicholas Crypto Income ETF by 8.4% during the third quarter. Centennial Advisors LLC now owns 37,141 shares of the company’s stock worth $504,000 after purchasing an additional 2,884 shares in the last quarter. ZEGA Investments LLC boosted its position in shares of Nicholas Crypto Income ETF by 38.3% in the second quarter. ZEGA Investments LLC now owns 13,962 shares of the company’s stock worth $217,000 after buying an additional 3,865 shares during the period. Finally, SMART Wealth LLC grew its stake in shares of Nicholas Crypto Income ETF by 46.8% in the first quarter. SMART Wealth LLC now owns 92,996 shares of the company’s stock valued at $1,204,000 after buying an additional 29,655 shares in the last quarter. 93.93% of the stock is owned by hedge funds and other institutional investors.