Short Interest in Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Decreases By 42.4%

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 232 shares, a decrease of 42.4% from the January 15th total of 403 shares. Based on an average daily volume of 138,252 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 138,252 shares, the days-to-cover ratio is currently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Stock Up 3.8%

Shares of ETCG stock opened at $4.64 on Friday. Grayscale Ethereum Classic Trust has a fifty-two week low of $4.40 and a fifty-two week high of $12.79. The firm’s 50 day moving average price is $6.41 and its two-hundred day moving average price is $8.43.

Grayscale Ethereum Classic Trust (ETC) Company Profile

Grayscale Ethereum Classic Trust (OTCMKTS: ETCG) is a digital currency investment vehicle that provides investors with a convenient and regulated means of gaining exposure to Ethereum Classic (ETC) without the need for direct purchase, storage, or management of the cryptocurrency. The trust holds ETC in cold storage, and each share issued by the trust represents a fractional interest in those holdings. Shares are quoted on the OTCQX market, allowing U.S. and international investors to buy and sell through conventional brokerage accounts.

Launched by Grayscale Investments—an affiliate of Digital Currency Group—the Ethereum Classic Trust first commenced operations in late 2017.