Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Short Interest Update

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 3,454 shares, a drop of 58.2% from the July 15th total of 8,272 shares. Based on an average daily volume of 773 shares, the short-interest ratio is presently 4.5 days. Approximately 2.3% of the shares of the stock are sold short.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Price Performance

Shares of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock traded up $0.05 during trading on Friday, reaching $29.77. 28 shares of the company’s stock were exchanged, compared to its average volume of 975. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 1-year low of $28.27 and a 1-year high of $59.48. The firm’s 50-day moving average price is $30.64 and its 200 day moving average price is $33.32.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC grew its stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) by 30.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,481 shares of the company’s stock after purchasing an additional 4,106 shares during the period. Jane Street Group LLC owned about 8.74% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF worth $479,000 as of its most recent filing with the Securities and Exchange Commission.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Company Profile

The Bitwise Ethereum Strategy ETF (AETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is an actively managed fund that that seeks capital appreciation by providing Ethereum-linked exposure. The fund exclusively invests in ether futures contracts AETH was launched on Sep 29, 2023 and is issued by Bitwise.