Grayscale Bitcoin Premium Income ETF (NYSEARCA:BPI – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 1,274 shares, a growth of 160.0% from the September 30th total of 490 shares. Currently, 1.3% of the company’s stock are sold short. Based on an average daily volume of 1,293 shares, the days-to-cover ratio is currently 1.0 days.
Grayscale Bitcoin Premium Income ETF Trading Down 5.0%
Grayscale Bitcoin Premium Income ETF stock traded down $1.23 during trading hours on Friday, reaching $23.56. 671 shares of the company were exchanged, compared to its average volume of 1,638. Grayscale Bitcoin Premium Income ETF has a 12 month low of $18.55 and a 12 month high of $38.73. The stock has a 50-day moving average of $25.08 and a 200 day moving average of $23.98. The firm has a market cap of $2.36 million, a price-to-earnings ratio of 62.00 and a beta of 1.32.
About Grayscale Bitcoin Premium Income ETF
The Grayscale Funds Trust – Bitcoin Premium Income ETF (BPI) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.
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