Crypto stocks witness rise in short interest in September

Crypto-linked stocks witnessed increased interest from short sellers in the month of September. Riot Platform ( NASDAQ: RIOT ) was the only company bucking the trend in the month. Strategy ( NASDAQ: MSTR ), Coinbase Global ( NASDAQ: COIN ) and Core Scientific ( NASDAQ: CORZ ) were among the firms that saw a significant jump in short interest to 9.62%, 6.48% and 6.93% respectively, from 8.74%, 5.73% and 19.86% in the same order. Short interest in MARA Holdings ( NASDAQ: MARA ), CleanSpark ( NASDAQ: CLSK ), Bitfarms ( NASDAQ: BITF ) and HIVE Digital Technologies ( NASDAQ: HIVE ) increased to 27.89%, 20.92%, 8.79% and 6.93% respectively. Riot Platform was the only company that saw a decline in short interest to 19.36% from 22.29% the previous month. Bitcoin ( BTC-USD ) floated above the 100K mark throughout September. Earlier in October, the cryptocurrency touched a new record high, reaching as much as $126K, sending shares of crypto stocks soaring. The jump came after a CoinShare report said that cryptocurrency investment products saw a record $5.95 billion in inflows the previous week, led by Bitcoin with its largest-ever weekly inflow of $3.55 billion. More on Crypto Bitcoin: What Lies Behind God's Candle CleanSpark: The Energy Giant Disguised As A Miner Bitcoin: 2 Key Set-Ups For A Higher Price Coinbase parks money in India’s CoinDCX at $2.45B valuation Roger Ver, known as 'Bitcoin Jesus', pays almost $50M to settle tax-evasion charges