Nicholas Crypto Income ETF (NYSEARCA:BLOX) Short Interest Update

Nicholas Crypto Income ETF (NYSEARCA:BLOX) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 32,346 shares, a decline of 37.6% from the May 31st total of 51,825 shares. Based on an average daily volume of 493,241 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

Nicholas Crypto Income ETF Price Performance

Shares of Nicholas Crypto Income ETF stock traded down $0.66 during trading on Thursday, hitting $14.39. 700,527 shares of the company were exchanged, compared to its average volume of 376,644. The firm has a market capitalization of $247.08 million, a P/E ratio of -57.56 and a beta of -3.60. Nicholas Crypto Income ETF has a 1-year low of $11.93 and a 1-year high of $28.00. The firm’s fifty day moving average price is $16.74 and its 200 day moving average price is $17.65.

Institutional Investors Weigh In On Nicholas Crypto Income ETF

A hedge fund recently raised its stake in Nicholas Crypto Income ETF stock. SMART Wealth LLC raised its stake in Nicholas Crypto Income ETF (NYSEARCA:BLOX) by 46.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 92,996 shares of the company’s stock after buying an additional 29,655 shares during the quarter. SMART Wealth LLC owned about 0.56% of Nicholas Crypto Income ETF worth $1,204,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 93.93% of the company’s stock.