One+One Bitcoin and Ether ETF (NASDAQ:OOQB) Shares Down 4.9% – What’s Next?

by · The Cerbat Gem

Shares of One+One Bitcoin and Ether ETF (NASDAQ:OOQB – Get Free Report) dropped 4.9% on Thursday . The company traded as low as $15.44 and last traded at $15.44. Approximately 752 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 1,872 shares. The stock had previously closed at $16.23.

One+One Bitcoin and Ether ETF Stock Performance

The company has a 50-day moving average price of $17.12 and a 200-day moving average price of $15.99. The firm has a market capitalization of $1.39 million, a P/E ratio of 34.38 and a beta of 3.97.

One+One Bitcoin and Ether ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 30th. Stockholders of record on Wednesday, October 29th were given a dividend of $0.0313 per share. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Wednesday, October 29th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in One+One Bitcoin and Ether ETF stock. Flow Traders U.S. LLC bought a new stake in One+One Bitcoin and Ether ETF (NASDAQ:OOQB – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 86,751 shares of the company’s stock, valued at approximately $966,000. Flow Traders U.S. LLC owned approximately 86.75% of One+One Bitcoin and Ether ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About One+One Bitcoin and Ether ETF

(Get Free Report)

The One Nasdaq-100 and Bitcoin ETF 1Shs (OOQB) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed ETF that seeks capital appreciation through leveraged exposure to NASDAQ-100 companies and Bitcoin. The fund uses futures contracts to leverage 100% exposure to each asset class.

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