21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC) Sees Significant Growth in Short Interest
by Sarita Garza · The Markets Daily21Shares FTSE Crypto 10 ex-BTC Index ETF (NYSEARCA:TXBC – Get Free Report) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,089 shares, a growth of 288.9% from the July 15th total of 280 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily volume of 1,142 shares, the short-interest ratio is currently 1.0 days.
21Shares FTSE Crypto 10 ex-BTC Index ETF Stock Performance
Shares of 21Shares FTSE Crypto 10 ex-BTC Index ETF stock traded down $0.09 during trading on Friday, hitting $13.10. The stock had a trading volume of 3,652 shares, compared to its average volume of 1,669. 21Shares FTSE Crypto 10 ex-BTC Index ETF has a 12 month low of $11.68 and a 12 month high of $25.53. The company’s 50-day moving average price is $12.99.
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.
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