Grayscale Bitcoin Miners ETF (NYSEARCA:MNRS) Short Interest Update
by Amy Steele · The Cerbat GemGrayscale Bitcoin Miners ETF (NYSEARCA:MNRS – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 9,814 shares, a growth of 116.1% from the April 30th total of 4,541 shares. Based on an average daily volume of 8,333 shares, the short-interest ratio is currently 1.2 days. Approximately 3.0% of the company’s stock are short sold.
Institutional Trading of Grayscale Bitcoin Miners ETF
Large investors have recently made changes to their positions in the stock. Group One Trading LLC bought a new stake in shares of Grayscale Bitcoin Miners ETF during the 3rd quarter worth about $38,000. Global Retirement Partners LLC boosted its stake in Grayscale Bitcoin Miners ETF by 33.9% during the 4th quarter. Global Retirement Partners LLC now owns 3,208 shares of the company’s stock valued at $96,000 after purchasing an additional 812 shares during the period. Jane Street Group LLC bought a new stake in Grayscale Bitcoin Miners ETF during the 1st quarter valued at approximately $314,000. Finally, Formidable Asset Management LLC boosted its stake in Grayscale Bitcoin Miners ETF by 31.3% during the 4th quarter. Formidable Asset Management LLC now owns 10,476 shares of the company’s stock valued at $315,000 after purchasing an additional 2,500 shares during the period.
Grayscale Bitcoin Miners ETF Trading Down 1.4%
NYSEARCA MNRS traded down $0.72 on Friday, reaching $49.64. The stock had a trading volume of 12,683 shares, compared to its average volume of 8,546. The business has a 50 day moving average price of $35.86 and a 200 day moving average price of $34.19. Grayscale Bitcoin Miners ETF has a 1 year low of $20.19 and a 1 year high of $56.46. The company has a market capitalization of $16.38 million, a price-to-earnings ratio of 9.91 and a beta of 4.16.
Grayscale Bitcoin Miners ETF Company Profile
The Grayscale Bitcoin Miners ETF (MNRS) is an exchange-traded fund that is based on the Indxx Bitcoin Miners index. The fund tracks an index of global companies that generate revenue from bitcoin mining activities or mining related services. Constituents are selected and weighted based on market-cap and revenue tied to the relevant theme. MNRS was launched on Jan 30, 2025 and is issued by Grayscale.