Short Interest in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Increases By 108.5%

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 7,801 shares, an increase of 108.5% from the June 15th total of 3,741 shares. Currently, 5.2% of the shares of the stock are sold short. Based on an average trading volume of 414 shares, the short-interest ratio is currently 18.8 days.

Hedge Funds Weigh In On Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

An institutional investor recently bought a new stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC bought a new stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,834 shares of the company’s stock, valued at approximately $753,000. Jane Street Group LLC owned approximately 10.42% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF as of its most recent SEC filing.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Trading Down 1.9%

Shares of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock traded down $0.60 on Thursday, hitting $30.78. 392 shares of the company were exchanged, compared to its average volume of 1,049. The company has a 50-day moving average price of $31.61 and a 200 day moving average price of $34.21. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 1-year low of $28.27 and a 1-year high of $59.48.

About Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

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.