Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 447 shares, an increase of 504.1% from the August 15th total of 74 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 1,842 shares, the short-interest ratio is currently 0.2 days.
Institutional Investors Weigh In On Grayscale Bitcoin Premium Income ETF
A hedge fund recently raised its position in Grayscale Bitcoin Premium Income ETF stock. OLD Mission Capital LLC grew its holdings in shares of Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Free Report) by 26.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,113 shares of the company’s stock after purchasing an additional 2,970 shares during the quarter. OLD Mission Capital LLC owned about 10.86% of Grayscale Bitcoin Premium Income ETF worth $425,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 80.90% of the company’s stock.
Grayscale Bitcoin Premium Income ETF Stock Performance
BPI traded up $0.10 during midday trading on Friday, reaching $24.37. The company had a trading volume of 209 shares, compared to its average volume of 1,722. Grayscale Bitcoin Premium Income ETF has a 12-month low of $18.55 and a 12-month high of $44.01. The business has a 50-day moving average price of $22.03 and a two-hundred day moving average price of $22.99. The stock has a market cap of $3.66 million, a PE ratio of 64.13 and a beta of 1.43.
About Grayscale Bitcoin Premium Income ETF
The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.
See Also
- Five stocks we like better than Grayscale Bitcoin Premium Income ETF
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for Grayscale Bitcoin Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Bitcoin Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
