Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Short Interest Update

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 16,111 shares, an increase of 1,044.2% from the March 31st total of 1,408 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 3,521 shares, the days-to-cover ratio is presently 4.6 days.

Bitwise Bitcoin Standard Corporations ETF Trading Down 1.2%

Shares of OWNB stock traded down $0.25 during midday trading on Friday, reaching $21.15. 1,526 shares of the stock were exchanged, compared to its average volume of 15,761. The company’s 50 day moving average is $18.21 and its two-hundred day moving average is $23.75. The firm has a market cap of $22.21 million, a PE ratio of 20.01 and a beta of 3.60. Bitwise Bitcoin Standard Corporations ETF has a 1 year low of $15.07 and a 1 year high of $39.00.

Institutional Trading of Bitwise Bitcoin Standard Corporations ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Orion Porfolio Solutions LLC boosted its holdings in shares of Bitwise Bitcoin Standard Corporations ETF by 17.6% during the 4th quarter. Orion Porfolio Solutions LLC now owns 109,271 shares of the company’s stock valued at $2,346,000 after acquiring an additional 16,376 shares during the last quarter. Ankerstar Wealth LLC purchased a new position in shares of Bitwise Bitcoin Standard Corporations ETF during the fourth quarter valued at approximately $40,000. Brookwood Investment Group LLC lifted its position in Bitwise Bitcoin Standard Corporations ETF by 35.7% during the fourth quarter. Brookwood Investment Group LLC now owns 9,468 shares of the company’s stock valued at $203,000 after purchasing an additional 2,491 shares during the period. Citadel Advisors LLC bought a new position in Bitwise Bitcoin Standard Corporations ETF during the third quarter valued at approximately $1,245,000. Finally, Envestnet Asset Management Inc. purchased a new stake in Bitwise Bitcoin Standard Corporations ETF in the third quarter worth approximately $934,000.

Bitwise Bitcoin Standard Corporations ETF Company Profile

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.