What’s in BITCOIN INVT TR (OTCMKTS:GBTC) After Rise in Shorted Shares?

The stock of BITCOIN INVT TR (OTCMKTS:GBTC) registered an increase of 3.66% in short interest. GBTC’s total short interest was 13.89 million shares in December as published by FINRA. Its up 3.66% from 13.40 million shares, reported previously. With 3.23M shares average volume, it will take short sellers 4 days to cover their GBTC’s short positions.

The stock decreased 3.99% or $0.18 during the last trading session, reaching $4.33. About 1.85M shares traded or 10.55% up from the average. Bitcoin Investment Trust (OTCMKTS:GBTC) has 0.00% since December 6, 2017 and is . It has underperformed by 15.62% the S&P500.

More notable recent Bitcoin Investment Trust (OTCMKTS:GBTC) news were published by: Seekingalpha.com which released: “Yes, Bitcoin Is Still The Investment Of The Decade – Seeking Alpha” on December 27, 2017, also Seekingalpha.com with their article: “Bitcoin: Getting Dangerous Up Here – Seeking Alpha” published on May 25, 2017, Seekingalpha.com published: “Are Bitcoin And Digital Currencies Preparing To Blast Off Again? – Seeking Alpha” on May 08, 2018. More interesting news about Bitcoin Investment Trust (OTCMKTS:GBTC) were released by: Seekingalpha.com and their article: “Why I Bought Some Bitcoin – Seeking Alpha” published on February 21, 2018 as well as Etfdailynews.com‘s news article titled: “Why Bitcoin Might Not Be A Bubble After All – ETF Daily News” with publication date: November 29, 2017.

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