Osprey Bitcoin Trust (OTCMKTS:OBTC) Short Interest Update

Osprey Bitcoin Trust (OTCMKTS:OBTC) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 6,789 shares, a growth of 72.7% from the November 30th total of 3,931 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 76,570 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 76,570 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Osprey Bitcoin Trust Stock Performance

Shares of OBTC traded up $0.51 during trading hours on Tuesday, hitting $28.50. 5,105 shares of the company were exchanged, compared to its average volume of 19,805. Osprey Bitcoin Trust has a one year low of $21.32 and a one year high of $37.70. The firm has a fifty day simple moving average of $29.34 and a 200-day simple moving average of $31.78.

Osprey Bitcoin Trust (OTCMKTS:OBTC) is an investment vehicle designed to provide investors with exposure to the price of bitcoin through a traditional brokerage account. The trust holds bitcoin, and its shares represent fractional ownership of the digital asset, allowing investors to gain price exposure without directly purchasing or storing cryptocurrency. Shares of the trust trade on the OTC Markets under the ticker OBTC, offering intraday liquidity and the familiarity of a stock-like investment format.

The trust is structured as a Delaware statutory trust, with bitcoin custody services provided by a regulated third-party custodian.