Global X Bitcoin Covered Call ETF (BATS:BCCC) Short Interest Update

Global X Bitcoin Covered Call ETF (BATS:BCCC) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 27,666 shares, an increase of 79.9% from the June 15th total of 15,376 shares. Approximately 27.7% of the shares of the company are sold short. Based on an average daily trading volume, of 20,365 shares, the short-interest ratio is presently 1.4 days.

Hedge Funds Weigh In On Global X Bitcoin Covered Call ETF

A hedge fund recently bought a new stake in Global X Bitcoin Covered Call ETF stock. Jane Street Group LLC acquired a new position in Global X Bitcoin Covered Call ETF (BATS:BCCC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,577 shares of the company’s stock, valued at approximately $292,000. Jane Street Group LLC owned approximately 7.72% of Global X Bitcoin Covered Call ETF as of its most recent SEC filing.

Global X Bitcoin Covered Call ETF Price Performance

BATS BCCC opened at $11.98 on Friday. The business’s fifty day moving average price is $12.69 and its 200-day moving average price is $14.46. Global X Bitcoin Covered Call ETF has a 1-year low of $11.11 and a 1-year high of $27.21.

Global X Bitcoin Covered Call ETF Company Profile

Global X Funds – Global X Bitcoin Covered Call ETF is an exchange traded fund launched and managed by Global X Management Company LLC. It invests in fixed income and currency markets of the United States. For its fixed income portion, it invests directly and through other funds in short-term U.S. Treasury securities. For its currency portion, it invests through derivatives in bitcoin. The fund uses derivatives such as options and futures to create its portfolio. It seeks to invests in bitcoin futures through a wholly-owned Cayman Islands subsidiary.