Valkyrie Bitcoin Fund (NASDAQ:BRRR - Get Free Report) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 1,100 shares, a drop of 76.6% from the March 15th total of 4,700 shares. Based on an average daily trading volume, of 502,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Valkyrie Bitcoin Fund Stock Up 0.7 %
BRRR traded up $0.17 during midday trading on Friday, hitting $24.03. The stock had a trading volume of 61,343 shares, compared to its average volume of 351,858. Valkyrie Bitcoin Fund has a 1 year low of $14.02 and a 1 year high of $30.67. The business has a fifty day moving average of $24.39 and a 200 day moving average of $24.97.
Hedge Funds Weigh In On Valkyrie Bitcoin Fund
A number of large investors have recently added to or reduced their stakes in the business. Virtu Financial LLC lifted its position in Valkyrie Bitcoin Fund by 337.6% in the third quarter. Virtu Financial LLC now owns 87,220 shares of the company's stock valued at $1,568,000 after purchasing an additional 67,287 shares during the last quarter. CPR Investments Inc. bought a new position in shares of Valkyrie Bitcoin Fund during the fourth quarter valued at approximately $4,567,000. Farringdon Capital Ltd. purchased a new stake in shares of Valkyrie Bitcoin Fund in the 4th quarter worth about $1,098,000. Jane Street Group LLC grew its holdings in shares of Valkyrie Bitcoin Fund by 200.5% during the 4th quarter. Jane Street Group LLC now owns 222,285 shares of the company's stock worth $5,879,000 after acquiring an additional 148,311 shares during the period. Finally, CoreCap Advisors LLC lifted its position in Valkyrie Bitcoin Fund by 61.3% during the fourth quarter. CoreCap Advisors LLC now owns 968 shares of the company's stock valued at $26,000 after buying an additional 368 shares during the period.
Valkyrie Bitcoin Fund Company Profile
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The Valkyrie Bitcoin Fund (BRRR) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the price performance of spot Bitcoin (BTC). It will hold Bitcoin directly, secured through a cold storage wallet. BRRR was launched on Jan 10, 2024 and is issued by Valkyrie.
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