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

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

Institutional Trading of Global X Bitcoin Covered Call ETF

An institutional investor recently bought a new stake in Global X Bitcoin Covered Call ETF stock. Jane Street Group LLC purchased a new position in Global X Bitcoin Covered Call ETF (BATS:BCCC) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,577 shares of the company’s stock, valued at approximately $292,000. Jane Street Group LLC owned about 7.72% of Global X Bitcoin Covered Call ETF at the end of the most recent reporting period.

Global X Bitcoin Covered Call ETF Stock Performance

Shares of BATS BCCC opened at $12.92 on Wednesday. Global X Bitcoin Covered Call ETF has a twelve month low of $11.11 and a twelve month high of $25.79. The company has a 50 day moving average of $12.02 and a 200 day moving average of $13.19.

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.