Invesco Galaxy Bitcoin ETF (BATS:BTCO) Short Interest Update

Invesco Galaxy Bitcoin ETF (BATS:BTCO) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 17,178 shares, an increase of 210.6% from the July 15th total of 5,530 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 41,270 shares, the short-interest ratio is currently 0.4 days.

Invesco Galaxy Bitcoin ETF Stock Down 0.2%

BATS BTCO opened at $63.03 on Thursday. The firm’s 50-day moving average is $62.96 and its two-hundred day moving average is $69.61. Invesco Galaxy Bitcoin ETF has a 12 month low of $57.76 and a 12 month high of $125.96.

Institutional Investors Weigh In On Invesco Galaxy Bitcoin ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Western Wealth Management LLC purchased a new position in shares of Invesco Galaxy Bitcoin ETF during the 1st quarter worth approximately $40,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Invesco Galaxy Bitcoin ETF in the 4th quarter valued at approximately $43,000. Raymond James Financial Inc. purchased a new stake in Invesco Galaxy Bitcoin ETF in the second quarter valued at approximately $55,000. Kelleher Financial Advisors purchased a new stake in Invesco Galaxy Bitcoin ETF in the third quarter valued at approximately $59,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new position in Invesco Galaxy Bitcoin ETF during the third quarter worth $65,000.

Invesco Galaxy Bitcoin ETF Company Profile

The Invesco Galaxy Bitcoin ETF (BTCO) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. BTCO was launched on Jan 11, 2024 and is issued by Invesco.