21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Short Interest Up 837.7% in August

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,576 shares, a growth of 837.7% from the August 15th total of 488 shares. Currently, 7.6% of the company’s shares are short sold. Based on an average daily volume of 1,921 shares, the days-to-cover ratio is presently 2.4 days.

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

TXBC stock traded up $0.74 during mid-day trading on Friday, reaching $17.62. The company’s stock had a trading volume of 948 shares, compared to its average volume of 1,771. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a 12 month low of $11.68 and a 12 month high of $25.53. The business’s 50 day moving average price is $14.42.

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.