Short Interest in Grayscale Bitcoin Trust (BTC) (OTCMKTS:GBTC) Declines By 92.4%

() saw a notable decrease in short-term interest in April. On April 30, there were 237,500 short shares. This is a drop of 92.4% compared to the total of 3,130,000 on April 15. The days-to-cover is currently 0 days based on an average trading volume 4,758,000 shares.

Grayscale Bitcoin Trust (BTC) Stock Performance

During midday trading, the price of a share fell by $0.27 to $15.39. The company traded 2,078,380 of its shares, as opposed to the average of 3,208.203. The company has a 50 day moving-average of $15.31, and a 200 day average of $11.99. Get Rating

Grayscale Bitcoin Trust BTC is a company that holds Bitcoins and issues common units of fractional, undivided beneficial interests in exchange for Bitcoin. The company was established on September 13, 2013, and has its headquarters in Stamford CT. offers a FREE daily email newsletter