Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (NYSEARCA:BITC) Stock Short Interest Report for September

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (NYSEARCA:BITC – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 195 shares, a decrease of 66.3% from the September 15th total of 578 shares. Based on an average trading volume of 4,355 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF Price Performance

BITC stock remained flat at $37.60 during trading on Wednesday. The company had a trading volume of 5,917 shares, compared to its average volume of 4,543. The stock has a 50 day moving average price of $38.70 and a 200-day moving average price of $38.24. Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF has a 1-year low of $35.09 and a 1-year high of $42.28.

About Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF

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The Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund actively manages a portfolio of bitcoin futures contracts that exhibit the highest implied roll yield, collateralized by short-term debt securities. The fund seeks to provide capital appreciation with low correlation to traditional asset classes. BITC was launched on Mar 20, 2023 and is managed by Bitwise.

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