Short interest in ProShares UltraShort Bitcoin ETF (ARCA:SBIT) decreased during the last reporting period, falling from 72.24K to 66.48K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 2.21M shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.