Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Short Interest Up 277.3% in July

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,064 shares, a growth of 277.3% from the July 15th total of 282 shares. Based on an average daily volume of 38,087 shares, the short-interest ratio is currently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Price Performance

OTCMKTS:ETCG traded down $0.04 on Friday, hitting $3.23. The company’s stock had a trading volume of 44,233 shares, compared to its average volume of 32,345. Grayscale Ethereum Classic Trust has a one year low of $3.05 and a one year high of $12.79. The stock has a fifty day moving average of $3.75 and a two-hundred day moving average of $4.31.

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.