Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 1,274 shares, an increase of 160.0% from the September 30th total of 490 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily volume of 1,293 shares, the days-to-cover ratio is currently 1.0 days.
Grayscale Bitcoin Premium Income ETF Stock Performance
NYSEARCA:BPI traded down $0.37 on Thursday, hitting $24.79. 72 shares of the stock were exchanged, compared to its average volume of 1,642. Grayscale Bitcoin Premium Income ETF has a 52 week low of $18.55 and a 52 week high of $38.73. The stock has a market capitalization of $2.48 million, a price-to-earnings ratio of 65.24 and a beta of 1.32. The company’s 50-day moving average price is $25.01 and its 200 day moving average price is $24.05.
Grayscale Bitcoin Premium Income ETF Company Profile
The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.
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