Short Interest in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) Decreases By 32.1%

Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,712 shares, a decrease of 32.1% from the January 29th total of 2,520 shares. Based on an average trading volume of 1,663 shares, the short-interest ratio is presently 1.0 days. Approximately 1.7% of the company’s stock are sold short. Approximately 1.7% of the company’s stock are sold short. Based on an average trading volume of 1,663 shares, the short-interest ratio is presently 1.0 days.

Global X Bitcoin Trend Strategy ETF Price Performance

Shares of Global X Bitcoin Trend Strategy ETF stock traded up $0.02 during trading on Friday, hitting $27.53. The stock had a trading volume of 239 shares, compared to its average volume of 2,793. Global X Bitcoin Trend Strategy ETF has a 12 month low of $27.23 and a 12 month high of $43.43. The firm’s fifty day simple moving average is $28.55 and its 200-day simple moving average is $34.16.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Global X Bitcoin Trend Strategy ETF stock. Jane Street Group LLC bought a new stake in Global X Bitcoin Trend Strategy ETF (NYSEARCA:BTRN) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 24,890 shares of the company’s stock, valued at approximately $837,000. Jane Street Group LLC owned approximately 13.83% of Global X Bitcoin Trend Strategy ETF as of its most recent SEC filing.

About Global X Bitcoin Trend Strategy ETF

The Global X Bitcoin Trend Strategy ETF (BTRN) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund tracks an index that toggles between long bitcoin futures and a US Treasury ETFs. The allocation between these components are based on bitcoins price trend. BTRN was launched on Mar 20, 2024 and is issued by Global X.