ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 193 shares, an increase of 70.8% from the September 30th total of 113 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 1,170 shares, the short-interest ratio is currently 0.2 days.
ProShares Bitcoin & Ether Equal Weight ETF Stock Up 1.8%
Shares of BETE opened at $36.51 on Wednesday. The firm’s fifty day simple moving average is $39.11 and its two-hundred day simple moving average is $35.25. ProShares Bitcoin & Ether Equal Weight ETF has a 12 month low of $26.53 and a 12 month high of $64.50.
ProShares Bitcoin & Ether Equal Weight ETF Company Profile
The ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETE was launched on Oct 2, 2023 and is issued by ProShares.
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