Hashdex Nasdaq Crypto Index US ETF Sees Significant Rise in Short Interest
The Hashdex Nasdaq Crypto Index US ETF (NCIQ) has experienced a significant increase in short interest, with data showing a 48.0% rise from February 12th to February 27th.
According to available information, as of February 27th, there were 9,801 shares sold short, up from the February 12th total of 6,621 shares. This represents approximately 24.5% of the stock's shares currently being held short.
The increase in short interest has been noted despite the ETF experiencing a slight gain in its stock price, with shares opening at $17.95 on Monday and having a fifty-day moving average price of $20.03.
