ProShares Bitcoin ETF (NYSEARCA:BITO) Sees Significant Drop in Short Interest

Posted by Lauren Steadman on Apr 16th, 2026

ProShares Bitcoin ETF (NYSEARCA:BITO – Get Free Report) saw a significant drop in short interest in March. As of March 31st, there was short interest totaling 18,171,004 shares, a drop of 22.1% from the March 15th total of 23,338,345 shares. Currently, 9.6% of the company’s stock are short sold. Based on an average trading volume of 130,047,098 shares, the short-interest ratio is presently 0.1 days.

ProShares Bitcoin ETF Price Performance

BITO traded down $0.15 during trading on Thursday, hitting $10.15. The stock had a trading volume of 23,731,760 shares, compared to its average volume of 91,426,516. ProShares Bitcoin ETF has a twelve month low of $8.61 and a twelve month high of $23.63. The stock has a 50 day simple moving average of $9.55 and a two-hundred day simple moving average of $12.98.

Institutional Investors Weigh In On ProShares Bitcoin ETF

Several institutional investors have recently bought and sold shares of BITO. Kelleher Financial Advisors acquired a new stake in ProShares Bitcoin ETF in the third quarter valued at approximately $26,000. Barclays PLC boosted its stake in ProShares Bitcoin ETF by 210,000.0% in the fourth quarter. Barclays PLC now owns 2,101 shares of the company’s stock valued at $26,000 after acquiring an additional 2,100 shares in the last quarter. ST Germain D J Co. Inc. boosted its stake in ProShares Bitcoin ETF by 55.4% in the third quarter. ST Germain D J Co. Inc. now owns 1,462 shares of the company’s stock valued at $29,000 after acquiring an additional 521 shares in the last quarter. Caitlin John LLC acquired a new stake in ProShares Bitcoin ETF in the third quarter valued at approximately $29,000. Finally, Signature Resources Capital Management LLC acquired a new stake in ProShares Bitcoin ETF in the fourth quarter valued at approximately $31,000.

About ProShares Bitcoin ETF

(Get Free Report)

The ProShares Bitcoin Strategy ETF (BITO) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund actively manages a portfolio of front-month CME bitcoin futures. BITO was launched on Oct 18, 2021 and is managed by ProShares.