Fortuna Hedged Bitcoin ETF (BATS:HBTC) Sees Large Drop in Short Interest

Fortuna Hedged Bitcoin ETF (BATS:HBTC) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 23 shares, a drop of 69.3% from the August 31st total of 75 shares. Based on an average daily trading volume, of 26 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the company’s shares are sold short.

Fortuna Hedged Bitcoin ETF Stock Performance

HBTC stock opened at $21.90 on Tuesday. Fortuna Hedged Bitcoin ETF has a 12-month low of $17.19 and a 12-month high of $32.03. The company’s fifty day simple moving average is $19.74 and its 200 day simple moving average is $19.42.

Fortuna Hedged Bitcoin ETF Company Profile

Listed Funds Trust – Fortuna Hedged Bitcoin Fund is an exchange traded fund launched by Listed Funds Trust. It invests in public equity and currency markets. For its equity portion, it invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund uses derivatives such as options and futures to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. For its currency portion, it invests through derivatives in bitcoin.