21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Sees Significant Decrease in Short Interest

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 111 shares, a decrease of 90.1% from the April 30th total of 1,125 shares. Based on an average daily volume of 3,366 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.2% of the shares of the stock are sold short.

21Shares FTSE Crypto 10 ex-BTC Index ETF Price Performance

NYSEARCA TXBC traded up $0.07 on Friday, hitting $14.89. The stock had a trading volume of 356 shares, compared to its average volume of 1,898. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a 52-week low of $13.38 and a 52-week high of $25.53. The business has a 50-day moving average of $15.68.

21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA: TXBC) is an exchange-traded fund listed on the NYSE Arca that seeks to provide investors with diversified exposure to a basket of major cryptocurrencies while excluding Bitcoin. The fund is designed to track the FTSE Crypto 10 ex BTC Index, an index that represents a selection of large-cap digital assets other than Bitcoin. By packaging multiple crypto exposures into a single, exchange-listed vehicle, TXBC aims to simplify access to a segment of the digital asset market for investors trading on a regulated U.S.