Grayscale Bitcoin Miners ETF (NYSEARCA:MNRS) Short Interest Up 22.9% in January

Grayscale Bitcoin Miners ETF (NYSEARCA:MNRS) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 9,268 shares, a growth of 22.9% from the December 31st total of 7,542 shares. Based on an average daily volume of 7,382 shares, the short-interest ratio is presently 1.3 days. Approximately 2.8% of the shares of the company are short sold. Approximately 2.8% of the shares of the company are short sold. Based on an average daily volume of 7,382 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of Grayscale Bitcoin Miners ETF

A number of hedge funds have recently bought and sold shares of the stock. Formidable Asset Management LLC increased its holdings in shares of Grayscale Bitcoin Miners ETF by 31.3% during the 4th quarter. Formidable Asset Management LLC now owns 10,476 shares of the company’s stock worth $315,000 after purchasing an additional 2,500 shares during the period. Group One Trading LLC acquired a new position in Grayscale Bitcoin Miners ETF in the 3rd quarter valued at approximately $38,000. Global Retirement Partners LLC lifted its position in shares of Grayscale Bitcoin Miners ETF by 22.1% in the 3rd quarter. Global Retirement Partners LLC now owns 2,396 shares of the company’s stock worth $97,000 after acquiring an additional 434 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Grayscale Bitcoin Miners ETF in the 1st quarter worth approximately $314,000.

Grayscale Bitcoin Miners ETF Stock Down 9.9%

MNRS opened at $30.98 on Thursday. The stock’s 50 day moving average price is $34.73 and its two-hundred day moving average price is $36.05. The firm has a market capitalization of $10.22 million, a P/E ratio of 9.91 and a beta of 6.51. Grayscale Bitcoin Miners ETF has a 12-month low of $14.38 and a 12-month high of $56.46.

About Grayscale Bitcoin Miners ETF

The Grayscale Bitcoin Miners ETF (MNRS) is an exchange-traded fund that is based on the Indxx Bitcoin Miners index. The fund tracks an index of global companies that generate revenue from bitcoin mining activities or mining related services. Constituents are selected and weighted based on market-cap and revenue tied to the relevant theme. MNRS was launched on Jan 30, 2025 and is issued by Grayscale.