Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) Short Interest Down 24.3% in October

Valkyrie Bitcoin Strategy ETF (NASDAQ:BTF) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 22,800 shares, a decrease of 24.3% from the October 15th total of 30,100 shares. Based on an average trading volume of 24,200 shares, the short-interest ratio is currently 0.9 days.

Valkyrie Bitcoin Strategy ETF Stock Down 0.7 %

Shares of BTF stock traded down $0.14 during trading on Thursday, hitting $21.22. 28,817 shares of the stock traded hands, compared to its average volume of 51,068. The firm’s fifty day moving average price is $16.57 and its 200-day moving average price is $17.77. Valkyrie Bitcoin Strategy ETF has a 52-week low of $12.40 and a 52-week high of $23.25.

Valkyrie Bitcoin Strategy ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 19th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.26%. The ex-dividend date was Thursday, September 19th.

About Valkyrie Bitcoin Strategy ETF

The Valkyrie Bitcoin Strategy ETF (BTF) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund portfolio includes CME Bitcoin Futures, treasuries, corporate bonds, and cash, and does not have direct exposure to bitcoin. BTF was launched on Oct 21, 2021 and is managed by Valkyrie.