Short Interest in ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) Decreases By 22.5%

Posted by Latisha Jones on Jan 19th, 2026

ProShares Ultra Bitcoin ETF (NYSEARCA:BITU – Get Free Report) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 2,173,314 shares, a drop of 22.5% from the December 15th total of 2,803,355 shares. Based on an average daily volume of 4,154,737 shares, the days-to-cover ratio is currently 0.5 days. Approximately 8.1% of the shares of the stock are sold short. Approximately 8.1% of the shares of the stock are sold short. Based on an average daily volume of 4,154,737 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of ProShares Ultra Bitcoin ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC raised its holdings in shares of ProShares Ultra Bitcoin ETF by 1,300.0% during the 3rd quarter. CWM LLC now owns 756 shares of the company’s stock worth $40,000 after acquiring an additional 702 shares during the period. Winnow Wealth LLC acquired a new position in ProShares Ultra Bitcoin ETF in the 3rd quarter valued at about $62,000. Advisory Services Network LLC acquired a new position in ProShares Ultra Bitcoin ETF in the 3rd quarter valued at about $111,000. Spire Wealth Management increased its holdings in shares of ProShares Ultra Bitcoin ETF by 333.5% during the 2nd quarter. Spire Wealth Management now owns 4,335 shares of the company’s stock worth $224,000 after buying an additional 3,335 shares during the last quarter. Finally, Silverleafe Capital Partners LLC acquired a new stake in shares of ProShares Ultra Bitcoin ETF during the 4th quarter worth approximately $329,000.

ProShares Ultra Bitcoin ETF Price Performance

Shares of BITU stock traded up $0.12 during trading hours on Monday, reaching $25.94. The company had a trading volume of 5,191,325 shares, compared to its average volume of 4,976,366. The stock has a fifty day moving average of $28.48 and a 200-day moving average of $45.18. ProShares Ultra Bitcoin ETF has a 12-month low of $21.55 and a 12-month high of $65.77.

ProShares Ultra Bitcoin ETF Company Profile

(Get Free Report)

The ProShares UltraBitcoin ETF (BITU) is an exchange-traded fund that is based on the Bloomberg Bitcoin index. The fund tracks 2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide leveraged exposure to Bitcoin. BITU was launched on Apr 2, 2024 and is issued by ProShares.