Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) Sees Large Drop in Short Interest

Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 31,168 shares, a decline of 62.1% from the June 30th total of 82,167 shares. Based on an average daily volume of 27,221 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.5% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Arax Advisory Partners purchased a new stake in Hashdex Nasdaq Crypto Index US ETF during the fourth quarter valued at about $31,000. CWM LLC raised its holdings in shares of Hashdex Nasdaq Crypto Index US ETF by 398.8% in the 4th quarter. CWM LLC now owns 2,494 shares of the company’s stock worth $57,000 after purchasing an additional 1,994 shares during the period. Optima Capital LLC purchased a new position in shares of Hashdex Nasdaq Crypto Index US ETF in the 4th quarter worth about $52,000. Victory Financial Group LLC acquired a new position in shares of Hashdex Nasdaq Crypto Index US ETF in the 4th quarter valued at about $386,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of Hashdex Nasdaq Crypto Index US ETF in the 3rd quarter valued at about $595,000.

Hashdex Nasdaq Crypto Index US ETF Price Performance

Shares of NCIQ stock opened at $16.00 on Monday. The company has a 50 day moving average price of $16.39 and a 200 day moving average price of $18.32. Hashdex Nasdaq Crypto Index US ETF has a one year low of $14.38 and a one year high of $34.26.

Hashdex Nasdaq Crypto Index US ETF Company Profile

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