Short Interest in 21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Declines By 55.2%

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 488 shares, a decrease of 55.2% from the July 30th total of 1,089 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 1,075 shares, the days-to-cover ratio is presently 0.5 days.

21Shares FTSE Crypto 10 ex-BTC Index ETF Price Performance

NYSEARCA TXBC remained flat at $16.83 on Monday. 3,795 shares of the company’s stock traded hands, compared to its average volume of 1,693. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a fifty-two week low of $11.68 and a fifty-two week high of $25.53. The company’s 50-day moving average price is $13.57.

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA: TXBC) is an exchange-traded fund listed on the NYSE Arca that seeks to provide investors with diversified exposure to a basket of major cryptocurrencies while excluding Bitcoin. The fund is designed to track the FTSE Crypto 10 ex BTC Index, an index that represents a selection of large-cap digital assets other than Bitcoin. By packaging multiple crypto exposures into a single, exchange-listed vehicle, TXBC aims to simplify access to a segment of the digital asset market for investors trading on a regulated U.S.