Global X Bitcoin Covered Call ETF (BATS:BCCC) Short Interest Up 60.6% in August

Global X Bitcoin Covered Call ETF (BATS:BCCC) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,335 shares, an increase of 60.6% from the July 30th total of 2,700 shares. Approximately 4.3% of the company’s shares are sold short. Based on an average trading volume of 13,448 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Global X Bitcoin Covered Call ETF

An institutional investor recently bought a new position in Global X Bitcoin Covered Call ETF stock. Jane Street Group LLC bought a new position in Global X Bitcoin Covered Call ETF (BATS:BCCC) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 11,577 shares of the company’s stock, valued at approximately $292,000. Jane Street Group LLC owned 7.72% of Global X Bitcoin Covered Call ETF at the end of the most recent quarter.

Global X Bitcoin Covered Call ETF Trading Up 0.8%

Shares of BATS BCCC opened at $13.12 on Tuesday. The stock has a 50 day moving average price of $12.00 and a 200 day moving average price of $13.20. Global X Bitcoin Covered Call ETF has a 52-week low of $11.11 and a 52-week high of $25.79.

About Global X Bitcoin Covered Call ETF

Global X Funds – Global X Bitcoin Covered Call ETF is an exchange traded fund launched and managed by Global X Management Company LLC. It invests in fixed income and currency markets of the United States. For its fixed income portion, it invests directly and through other funds in short-term U.S. Treasury securities. For its currency portion, it invests through derivatives in bitcoin. The fund uses derivatives such as options and futures to create its portfolio. It seeks to invests in bitcoin futures through a wholly-owned Cayman Islands subsidiary.