NEOS Bitcoin High Income ETF (BATS:BTCI) Short Interest Update

NEOS Bitcoin High Income ETF (BATS:BTCI) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 324,631 shares, a growth of 195.9% from the July 30th total of 109,707 shares. Currently, 5.3% of the company’s stock are sold short. Based on an average daily volume of 401,464 shares, the days-to-cover ratio is currently 0.8 days.

NEOS Bitcoin High Income ETF Stock Up 1.8%

Shares of BTCI stock traded up $0.59 on Thursday, hitting $33.02. The company’s stock had a trading volume of 207,600 shares, compared to its average volume of 663,716. NEOS Bitcoin High Income ETF has a fifty-two week low of $26.52 and a fifty-two week high of $64.03. The firm’s fifty day moving average price is $28.80 and its 200-day moving average price is $32.15.

Institutional Trading of NEOS Bitcoin High Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Foguth Wealth Management LLC. bought a new stake in shares of NEOS Bitcoin High Income ETF during the 1st quarter worth about $232,000. Group One Trading LLC grew its holdings in NEOS Bitcoin High Income ETF by 79.6% during the first quarter. Group One Trading LLC now owns 38,938 shares of the company’s stock valued at $1,276,000 after purchasing an additional 17,252 shares during the last quarter. Independent Financial Group LLC acquired a new position in NEOS Bitcoin High Income ETF during the first quarter valued at approximately $787,000. NFSG Corp lifted its stake in shares of NEOS Bitcoin High Income ETF by 14.4% in the first quarter. NFSG Corp now owns 8,439 shares of the company’s stock worth $277,000 after buying an additional 1,061 shares during the last quarter. Finally, Retirement Planning Group LLC lifted its stake in shares of NEOS Bitcoin High Income ETF by 31.6% in the first quarter. Retirement Planning Group LLC now owns 39,065 shares of the company’s stock worth $1,281,000 after buying an additional 9,386 shares during the last quarter.

About NEOS Bitcoin High Income ETF

The NEOS Bitcoin High Income ETF (BTCI) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a fund-of-funds that seeks high monthly income with the potential for appreciation by investing in ETPs with exposure to bitcoin while also utilizing call option strategies. BTCI was launched on Oct 17, 2024 and is issued by Neos.