Global X Bitcoin Covered Call ETF (BATS:BCCC) Stock Short Interest Drops 36.4%

Global X Bitcoin Covered Call ETF (BATS:BCCC) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 4,198 shares, a decline of 36.4% from the August 31st total of 6,600 shares. Currently, 4.2% of the company’s stock are short sold. Based on an average trading volume of 8,091 shares, the days-to-cover ratio is currently 0.5 days.

Global X Bitcoin Covered Call ETF Stock Up 0.1%

Shares of BATS:BCCC opened at $13.53 on Friday. Global X Bitcoin Covered Call ETF has a twelve month low of $11.11 and a twelve month high of $25.79. The stock’s 50 day moving average is $12.67 and its 200-day moving average is $13.09.

Global X Bitcoin Covered Call ETF Company Profile

Global X Funds – Global X Bitcoin Covered Call ETF is an exchange traded fund launched and managed by Global X Management Company LLC. It invests in fixed income and currency markets of the United States. For its fixed income portion, it invests directly and through other funds in short-term U.S. Treasury securities. For its currency portion, it invests through derivatives in bitcoin. The fund uses derivatives such as options and futures to create its portfolio. It seeks to invests in bitcoin futures through a wholly-owned Cayman Islands subsidiary.