Global X Blockchain ETF (NASDAQ:BKCH) Short Interest Update

Global X Blockchain ETF (NASDAQ:BKCH) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 86,269 shares, an increase of 59.9% from the August 15th total of 53,940 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average trading volume of 53,698 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Global X Blockchain ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BKCH. Rockefeller Capital Management L.P. lifted its stake in Global X Blockchain ETF by 17.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,007 shares of the company’s stock valued at $256,000 after acquiring an additional 585 shares during the period. Sankala Group LLC acquired a new position in Global X Blockchain ETF during the fourth quarter valued at $64,000. GK Wealth Management LLC acquired a new position in Global X Blockchain ETF during the second quarter valued at $214,000. Ignite Planners LLC purchased a new stake in Global X Blockchain ETF in the fourth quarter valued at $209,000. Finally, Northbridge Financial Group LLC purchased a new stake in Global X Blockchain ETF in the fourth quarter valued at $633,000.

Global X Blockchain ETF Stock Down 0.3%

NASDAQ:BKCH opened at $67.74 on Thursday. The stock has a market capitalization of $338.63 million, a price-to-earnings ratio of 14.28 and a beta of 3.58. Global X Blockchain ETF has a 52 week low of $50.99 and a 52 week high of $123.69. The firm has a 50 day moving average of $68.27 and a 200 day moving average of $72.07.

Global X Blockchain ETF Company Profile

The Global X Blockchain ETF (BKCH) is an exchange-traded fund that is based on the Solactive Blockchain index, a market-cap-weighted index of global companies involved in blockchain technologies. BKCH was launched on Jul 12, 2021 and is managed by Global X.