BIT Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today
Full metrics table
It runs 39% of assets on borrowed money.
Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.
Against the value of what the fund holds you are paying 10.7% less.
Its holdings are worth $12.43 per share, but it trades at $11.10. Over the past year it usually traded 6.6% below value, so it is cheaper now.
Over the past 1 year, on the lower side
17% below its 1-year high.
Traded less than usual. That is 59% of its average volume.
Ex-dividend date: November 13
Buy before this date to receive the dividend.
Holding long would have lost money
Bought 5 years ago, your return today would be -39.5%. The S&P 500 did +68% over the same period.
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Dividends are paid consistently
Pays 13.35% annually in dividends.
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Ownership looks stable
Institutions hold 31.7%.
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Multiple ETFs hold this stock, but only a sliver
Buying this ETF gives you exposure to this stock as well.
Special products that amplify (leveraged) or invert this single stock. They decay quickly and are not for long-term holding.
It ranks #576 of 1433 in the industry
Based on market cap of $636M.
FAQ
What kind of CEF is BIT?
BIT is a closed-end fund (CEF).
What is the distribution yield of BIT?
BIT's distribution yield is approximately 13.35%, paid out on a regular basis.
What is the 52-week high and low for BIT?
BIT has recorded a 52-week high of $13.44 and a low of $11.03.