Hashdex Bitcoin ETF (NYSEARCA:DEFI) Short Interest Up 450.6% in February

Hashdex Bitcoin ETF (NYSEARCA:DEFI) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 980 shares, a growth of 450.6% from the February 12th total of 178 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 353 shares, the short-interest ratio is currently 2.8 days. Based on an average trading volume of 353 shares, the short-interest ratio is currently 2.8 days. Currently, 0.8% of the shares of the stock are short sold.

Hedge Funds Weigh In On Hashdex Bitcoin ETF

An institutional investor recently bought a new position in Hashdex Bitcoin ETF stock. Flow Traders U.S. LLC acquired a new position in Hashdex Bitcoin ETF (NYSEARCA:DEFI) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,025 shares of the company’s stock, valued at approximately $733,000. Flow Traders U.S. LLC owned approximately 5.02% of Hashdex Bitcoin ETF as of its most recent SEC filing.

Hashdex Bitcoin ETF Stock Up 1.3%

Shares of NYSEARCA DEFI traded up $1.05 during midday trading on Tuesday, reaching $79.40. 98 shares of the stock traded hands, compared to its average volume of 863. The company’s 50 day moving average is $89.34 and its 200 day moving average is $107.44. Hashdex Bitcoin ETF has a one year low of $71.62 and a one year high of $142.50.

Hashdex Bitcoin ETF Company Profile

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.