Global X Bitcoin Covered Call ETF (BATS:BCCC) Short Interest Update

Global X Bitcoin Covered Call ETF (BATS:BCCC) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 2,968 shares, a decline of 89.3% from the June 30th total of 27,666 shares. Currently, 3.0% of the shares of the company are short sold. Based on an average daily trading volume, of 9,748 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Global X Bitcoin Covered Call ETF

An institutional investor recently bought a new stake in Global X Bitcoin Covered Call ETF stock. Jane Street Group LLC acquired a new position in Global X Bitcoin Covered Call ETF (BATS:BCCC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,167 shares of the company’s stock, valued at approximately $187,000. Jane Street Group LLC owned approximately 1.56% of Global X Bitcoin Covered Call ETF at the end of the most recent reporting period.

Global X Bitcoin Covered Call ETF Stock Down 0.5%

Shares of BCCC stock opened at $12.01 on Friday. Global X Bitcoin Covered Call ETF has a 12 month low of $11.11 and a 12 month high of $27.21. The company has a 50 day simple moving average of $12.39 and a two-hundred day simple moving average of $14.24.

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.