How Analysts Feel About GRAYSCALE BITCOIN TRUST BTC (OTCMKTS:GBTC) After Decrease in Sellers?

The stock of GRAYSCALE BITCOIN TRUST BTC (OTCMKTS:GBTC) registered a decrease of 7.79% in short interest. GBTC’s total short interest was 11.11M shares in May as published by FINRA. Its down 7.79% from 12.05 million shares, reported previously. With 3.44 million shares average volume, it will take short sellers 3 days to cover their GBTC’s short positions.

The stock decreased 7.14% or $0.71 during the last trading session, reaching $9.23. About 7.51 million shares traded or 99.95% up from the average. Grayscale Bitcoin Trust (OTCMKTS:GBTC) has 0.00% since May 17, 2018 and is . It has underperformed by 4.37% the S&P500.

More notable recent Grayscale Bitcoin Trust (OTCMKTS:GBTC) news were published by: Investorplace.com which released: “Top 20 Stocks to Buy for 20-Somethings! – Investorplace.com” on April 08, 2019, also Seekingalpha.com with their article: “Futures contract to pay out in Bitcoin – Seeking Alpha” published on December 21, 2018, Seekingalpha.com published: “The Grayscale Bitcoin Investment Trust – A Beginners Guide – Seeking Alpha” on August 13, 2018. More interesting news about Grayscale Bitcoin Trust (OTCMKTS:GBTC) were released by: Seekingalpha.com and their article: “Now You Can Buy Ethereum In Your Brokerage Account (But Should You?) – Seeking Alpha” published on May 14, 2018 as well as Investorplace.com‘s news article titled: “How the Bitcoin Investment Trust Is a Life-or-Death Play – Investorplace.com” with publication date: June 06, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.