Fortuna Hedged Bitcoin ETF (BATS:HBTC) Short Interest Up 354.7% in July

Fortuna Hedged Bitcoin ETF (BATS:HBTC) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 432 shares, a growth of 354.7% from the July 15th total of 95 shares. Based on an average daily volume of 60 shares, the days-to-cover ratio is currently 7.2 days. Approximately 1.4% of the company’s stock are short sold.

Fortuna Hedged Bitcoin ETF Stock Down 0.6%

Fortuna Hedged Bitcoin ETF stock opened at $17.55 on Wednesday. The company has a fifty day simple moving average of $17.78 and a 200 day simple moving average of $19.50. Fortuna Hedged Bitcoin ETF has a 1-year low of $17.19 and a 1-year high of $32.07.

Fortuna Hedged Bitcoin ETF Company Profile

Listed Funds Trust – Fortuna Hedged Bitcoin Fund is an exchange traded fund launched by Listed Funds Trust. It invests in public equity and currency markets. For its equity portion, it invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options and futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in bitcoin.