Short Interest in Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) Expands By 561.3%

Hashdex Nasdaq Crypto Index US ETF (NASDAQ:NCIQ) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 97,315 shares, an increase of 561.3% from the May 31st total of 14,715 shares. Based on an average daily volume of 94,903 shares, the short-interest ratio is presently 1.0 days. Approximately 243.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Hashdex Nasdaq Crypto Index US ETF

Several hedge funds and other institutional investors have recently modified their holdings of NCIQ. Arax Advisory Partners acquired a new stake in Hashdex Nasdaq Crypto Index US ETF in the 4th quarter valued at $31,000. Optima Capital LLC acquired a new position in Hashdex Nasdaq Crypto Index US ETF during the fourth quarter worth $52,000. CWM LLC raised its holdings in Hashdex Nasdaq Crypto Index US ETF by 398.8% during the fourth quarter. CWM LLC now owns 2,494 shares of the company’s stock worth $57,000 after buying an additional 1,994 shares during the last quarter. Victory Financial Group LLC bought a new position in shares of Hashdex Nasdaq Crypto Index US ETF in the fourth quarter valued at $386,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of Hashdex Nasdaq Crypto Index US ETF during the third quarter valued at approximately $595,000.

Hashdex Nasdaq Crypto Index US ETF Price Performance

Shares of NCIQ stock traded up $0.18 on Friday, reaching $14.78. 72,945 shares of the company were exchanged, compared to its average volume of 43,289. The company has a 50-day moving average of $17.95 and a 200-day moving average of $19.38. Hashdex Nasdaq Crypto Index US ETF has a one year low of $14.38 and a one year high of $34.26.

About Hashdex Nasdaq Crypto Index US ETF

The Hashdex Nasdaq Crypto Index US ETF (NCIQ) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.