Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) Short Interest Down 84.6% in May

Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 14,715 shares, a drop of 84.6% from the May 14th total of 95,329 shares. Based on an average daily volume of 20,987 shares, the days-to-cover ratio is presently 0.7 days. Currently, 36.8% of the shares of the company are sold short.

Hashdex Nasdaq Crypto Index US ETF Trading Down 0.3%

NCIQ traded down $0.04 during trading on Wednesday, hitting $15.27. The company’s stock had a trading volume of 29,530 shares, compared to its average volume of 41,674. The firm’s 50 day moving average price is $18.54 and its two-hundred day moving average price is $20.08. Hashdex Nasdaq Crypto Index US ETF has a 12 month low of $14.57 and a 12 month high of $34.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Yarbrough Capital LLC acquired a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the fourth quarter worth about $4,392,000. Flow Traders U.S. LLC acquired a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the third quarter worth about $595,000. Arax Advisory Partners acquired a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the fourth quarter worth about $31,000. Compound Planning Inc. acquired a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the first quarter worth about $670,000. Finally, Baer Investment Advisory LLC acquired a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the first quarter worth about $392,000.

About Hashdex Nasdaq Crypto Index US ETF

The Hashdex Nasdaq Crypto Index US ETF (NCIQ) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.