Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) Short Interest Down 59.1% in August

Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 74 shares, a drop of 59.1% from the July 30th total of 181 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,972 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Grayscale Bitcoin Premium Income ETF

An institutional investor recently bought a new stake in Grayscale Bitcoin Premium Income ETF stock. Jane Street Group LLC acquired a new stake in shares of Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 7,666 shares of the company’s stock, valued at approximately $231,000. Jane Street Group LLC owned about 5.90% of Grayscale Bitcoin Premium Income ETF as of its most recent SEC filing. Institutional investors own 80.90% of the company’s stock.

Grayscale Bitcoin Premium Income ETF Stock Performance

BPI stock opened at $24.92 on Friday. The company’s fifty day moving average price is $21.03 and its 200-day moving average price is $22.88. Grayscale Bitcoin Premium Income ETF has a one year low of $18.55 and a one year high of $44.01. The company has a market capitalization of $3.74 million, a PE ratio of 65.58 and a beta of 1.37.

Grayscale Bitcoin Premium Income ETF Company Profile

The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.