Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Sees Large Decrease in Short Interest

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 674 shares, a decrease of 53.1% from the September 15th total of 1,438 shares. Based on an average daily volume of 905 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the company’s stock are short sold.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Price Performance

NYSEARCA:AETH remained flat at $37.54 during mid-day trading on Tuesday. The business has a fifty day moving average price of $36.08 and a 200 day moving average price of $33.83. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 1 year low of $28.27 and a 1 year high of $48.18.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Company Profile

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.