Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) Stock Short Interest Jumps 160.0%

Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 1,274 shares, an increase of 160.0% from the September 30th total of 490 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,293 shares, the short-interest ratio is presently 1.0 days.

Grayscale Bitcoin Premium Income ETF Price Performance

Shares of BPI stock traded down $1.21 on Friday, reaching $23.58. 670 shares of the stock were exchanged, compared to its average volume of 1,637. The stock has a market cap of $2.36 million, a PE ratio of 62.05 and a beta of 1.32. The stock has a 50 day moving average price of $25.07 and a 200 day moving average price of $24.02. Grayscale Bitcoin Premium Income ETF has a one year low of $18.55 and a one year high of $38.73.

About Grayscale Bitcoin Premium Income ETF

The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.