Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB – Get Free Report) was the target of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 1,877 shares, a decrease of 91.3% from the February 12th total of 21,653 shares. Based on an average daily volume of 26,649 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 26,649 shares, the short-interest ratio is currently 0.1 days.
Institutional Investors Weigh In On Bitwise Bitcoin Standard Corporations ETF
Institutional investors have recently made changes to their positions in the stock. Ankerstar Wealth LLC acquired a new position in shares of Bitwise Bitcoin Standard Corporations ETF in the 4th quarter worth approximately $40,000. Brookwood Investment Group LLC acquired a new stake in Bitwise Bitcoin Standard Corporations ETF in the 3rd quarter valued at approximately $233,000. Envestnet Asset Management Inc. purchased a new stake in Bitwise Bitcoin Standard Corporations ETF in the third quarter valued at approximately $934,000. Jane Street Group LLC acquired a new position in Bitwise Bitcoin Standard Corporations ETF during the second quarter worth $1,085,000. Finally, Citadel Advisors LLC purchased a new position in shares of Bitwise Bitcoin Standard Corporations ETF during the third quarter worth $1,245,000.
Bitwise Bitcoin Standard Corporations ETF Price Performance
Shares of NYSEARCA:OWNB traded up $0.94 during midday trading on Tuesday, reaching $18.62. 1,975 shares of the company’s stock were exchanged, compared to its average volume of 22,519. The stock has a market cap of $21.41 million, a price-to-earnings ratio of 20.01 and a beta of 5.30. Bitwise Bitcoin Standard Corporations ETF has a fifty-two week low of $16.74 and a fifty-two week high of $39.00. The firm’s 50 day simple moving average is $20.96 and its two-hundred day simple moving average is $26.72.
About Bitwise Bitcoin Standard Corporations ETF
The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.
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