Short Interest in Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Rises By 244.8%

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 800 shares, a growth of 244.8% from the April 15th total of 232 shares. Based on an average daily trading volume, of 105,108 shares, the days-to-cover ratio is currently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Trading Up 0.2%

Shares of Grayscale Ethereum Classic Trust (ETC) stock traded up $0.01 during trading hours on Friday, reaching $4.50. 20,629 shares of the company’s stock were exchanged, compared to its average volume of 38,775. The company has a 50 day moving average of $4.51 and a two-hundred day moving average of $5.91. Grayscale Ethereum Classic Trust has a fifty-two week low of $4.21 and a fifty-two week high of $12.79.

About Grayscale Ethereum Classic Trust (ETC)

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.