Osprey Bitcoin Trust (OTCMKTS:OBTC) Short Interest Update

Osprey Bitcoin Trust (OTCMKTS:OBTC) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 6,789 shares, an increase of 72.7% from the November 30th total of 3,931 shares. Based on an average daily trading volume, of 76,570 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 76,570 shares, the short-interest ratio is presently 0.1 days.

Osprey Bitcoin Trust Stock Performance

Osprey Bitcoin Trust stock opened at $28.20 on Monday. Osprey Bitcoin Trust has a fifty-two week low of $21.32 and a fifty-two week high of $37.70. The firm’s fifty day moving average price is $29.45 and its 200-day moving average price is $31.79.

Osprey Bitcoin Trust (OTCMKTS:OBTC) is an investment vehicle designed to provide investors with exposure to the price of bitcoin through a traditional brokerage account. The trust holds bitcoin, and its shares represent fractional ownership of the digital asset, allowing investors to gain price exposure without directly purchasing or storing cryptocurrency. Shares of the trust trade on the OTC Markets under the ticker OBTC, offering intraday liquidity and the familiarity of a stock-like investment format.

The trust is structured as a Delaware statutory trust, with bitcoin custody services provided by a regulated third-party custodian.