Hashdex Bitcoin ETF (NYSEARCA:DEFI) Short Interest Update

Hashdex Bitcoin ETF (NYSEARCA:DEFI) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,686 shares, a decrease of 52.3% from the May 31st total of 7,733 shares. Based on an average daily trading volume, of 9,364 shares, the days-to-cover ratio is currently 0.4 days. Approximately 3.1% of the shares of the stock are short sold.

Hashdex Bitcoin ETF Stock Performance

NYSEARCA:DEFI traded up $1.33 during trading hours on Wednesday, hitting $67.85. The company’s stock had a trading volume of 680 shares, compared to its average volume of 1,511. Hashdex Bitcoin ETF has a twelve month low of $66.52 and a twelve month high of $142.50. The stock has a fifty day simple moving average of $80.40 and a 200-day simple moving average of $85.29.

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.