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

NEOS Bitcoin High Income ETF (BATS:BTCI) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 80,316 shares, a decline of 50.8% from the June 15th total of 163,400 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 742,468 shares, the days-to-cover ratio is presently 0.1 days.

NEOS Bitcoin High Income ETF Stock Performance

NEOS Bitcoin High Income ETF stock opened at $29.13 on Wednesday. NEOS Bitcoin High Income ETF has a 1 year low of $26.52 and a 1 year high of $65.87. The company’s 50-day moving average is $31.48 and its two-hundred day moving average is $35.42.

Hedge Funds Weigh In On NEOS Bitcoin High Income ETF

Large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in NEOS Bitcoin High Income ETF in the second quarter valued at approximately $5,090,000. Corient Private Wealth LLC bought a new stake in shares of NEOS Bitcoin High Income ETF during the 2nd quarter valued at $2,701,000. Orion Porfolio Solutions LLC acquired a new position in shares of NEOS Bitcoin High Income ETF in the 3rd quarter valued at $900,000. Newbridge Financial Services Group Inc. acquired a new position in shares of NEOS Bitcoin High Income ETF in the 3rd quarter valued at $103,000. Finally, Focus Partners Wealth acquired a new position in shares of NEOS Bitcoin High Income ETF in the 3rd quarter valued at $569,000.

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.