Hashdex Bitcoin ETF (NYSEARCA:DEFI) Sees Large Growth in Short Interest

Hashdex Bitcoin ETF (NYSEARCA:DEFI) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 20 shares, a growth of 100.0% from the December 31st total of 10 shares. Based on an average trading volume of 1,137 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,137 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Hashdex Bitcoin ETF

An institutional investor recently bought a new position in Hashdex Bitcoin ETF stock. Flow Traders U.S. LLC bought a new position in shares of Hashdex Bitcoin ETF (NYSEARCA:DEFI) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 6,025 shares of the company’s stock, valued at approximately $733,000. Flow Traders U.S. LLC owned 5.02% of Hashdex Bitcoin ETF as of its most recent filing with the SEC.

Hashdex Bitcoin ETF Stock Down 0.1%

Shares of DEFI stock traded down $0.08 during trading on Friday, reaching $94.88. 549 shares of the company’s stock were exchanged, compared to its average volume of 722. Hashdex Bitcoin ETF has a twelve month low of $87.04 and a twelve month high of $142.50. The firm’s fifty day moving average price is $101.53 and its 200-day moving average price is $118.24.

About Hashdex Bitcoin ETF

The Hashdex Bitcoin Futures ETF (DEFI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund tracks an index that provides the average of the closing settlement prices for the front month bitcoin futures contracts listed on the Chicago Mercantile Exchange Inc (CME). DEFI was launched on Sep 15, 2022 and is managed by Teucrium.