NEOS Bitcoin High Income ETF (BATS:BTCI) Short Interest Down 43.6% in August

NEOS Bitcoin High Income ETF (BATS:BTCIGet Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 183,249 shares, a decrease of 43.6% from the August 15th total of 324,631 shares. Currently, 3.0% of the company’s shares are sold short. Based on an average daily volume of 653,004 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Retirement Planning Group LLC boosted its position 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 acquiring an additional 9,386 shares during the last quarter. Group One Trading LLC raised its position in shares of NEOS Bitcoin High Income ETF by 79.6% in the 1st quarter. Group One Trading LLC now owns 38,938 shares of the company’s stock worth $1,276,000 after buying an additional 17,252 shares during the period. Integrity Wealth Partners LLC acquired a new position in NEOS Bitcoin High Income ETF in the first quarter valued at $992,000. RPS Advisory Solutions LLC grew its position in NEOS Bitcoin High Income ETF by 185.1% during the fourth quarter. RPS Advisory Solutions LLC now owns 27,841 shares of the company’s stock valued at $1,226,000 after acquiring an additional 18,077 shares during the period. Finally, Independent Financial Group LLC purchased a new position in shares of NEOS Bitcoin High Income ETF in the 1st quarter worth about $787,000.

NEOS Bitcoin High Income ETF Trading Up 1.8%

BATS BTCI opened at $32.70 on Tuesday. The business’s 50-day moving average price is $29.99 and its 200 day moving average price is $32.06. NEOS Bitcoin High Income ETF has a twelve month low of $26.52 and a twelve month high of $64.03.

NEOS Bitcoin High Income ETF Company Profile

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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.

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