21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Short Interest Down 90.1% in May

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 111 shares, a decline of 90.1% from the April 30th total of 1,125 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 3,366 shares, the days-to-cover ratio is currently 0.0 days.

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

Shares of 21Shares FTSE Crypto 10 ex-BTC Index ETF stock traded down $0.36 during midday trading on Thursday, reaching $14.73. The company had a trading volume of 627 shares, compared to its average volume of 1,911. The stock’s fifty day moving average is $15.71. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a fifty-two week low of $13.38 and a fifty-two week high of $25.53.

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.