Grayscale Bitcoin Trust (BTC) logo

Grayscale Bitcoin Trust (BTC) (OTCMKTS:GBTCGet Rating) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 7,118,700 shares, an increase of 30.7% from the March 31st total of 5,446,700 shares. Based on an average daily volume of 8,494,000 shares, the short-interest ratio is currently 0.8 days.

Shares of OTCMKTS GBTC traded down $1.45 during trading on Monday, reaching $26.38. 2,725,400 shares of the stock traded hands, compared to its average volume of 5,345,117. Grayscale Bitcoin Trust has a 52-week low of $22.22 and a 52-week high of $55.05. The company has a 50-day moving average of $28.65 and a 200-day moving average of $34.94.

Grayscale Bitcoin Trust (BTC) Company Profile (Get Rating)

Grayscale Bitcoin Trust (BTC) is an investment vehicle that enables investors to gain access and exposure to Bitcoin in the form of a security without the challenges of buying, storing, and safekeeping Bitcoin directly. The company was founded on September 13, 2013 and is headquartered in Stamford, CT.

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