Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,635 shares, an increase of 111.0% from the September 15th total of 775 shares. Based on an average daily trading volume, of 84,835 shares, the days-to-cover ratio is presently 0.0 days.
Grayscale Ethereum Classic Trust (ETC) Stock Performance
Shares of ETCG traded up $0.04 on Thursday, reaching $4.04. The stock had a trading volume of 18,872 shares, compared to its average volume of 32,862. Grayscale Ethereum Classic Trust has a twelve month low of $3.05 and a twelve month high of $10.00. The firm has a 50-day moving average of $3.99 and a 200 day moving average of $4.08.
About Grayscale Ethereum Classic Trust (ETC)
Grayscale Ethereum Classic Trust (ETC) is an investment vehicle designed to provide investors with exposure to Ethereum Classic (ETC), a digital asset associated with the Ethereum Classic blockchain. The trust holds Ethereum Classic and issues shares intended to represent a fractional beneficial interest in its assets.
The trust is sponsored by Grayscale Investments, LLC, a digital asset investment management company. Rather than operating a conventional business or providing products and services to customers, Grayscale Ethereum Classic Trust is structured to offer an investment product whose performance is generally linked to the value of the Ethereum Classic it holds, less applicable expenses and liabilities.
Shares of the trust trade on the over-the-counter market in the United States under the symbol ETCG.
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