Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Short Interest Down 73.5% in August

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 282 shares, a decrease of 73.5% from the July 30th total of 1,064 shares. Based on an average trading volume of 29,857 shares, the days-to-cover ratio is currently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Stock Down 4.1%

OTCMKTS ETCG opened at $3.62 on Thursday. Grayscale Ethereum Classic Trust has a 1-year low of $3.05 and a 1-year high of $11.98. The business’s 50-day simple moving average is $3.69 and its 200-day simple moving average is $4.19.

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.