Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Shares Shorted: Short Interest Up 1,286.5% in October

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 3,910 shares, an increase of 1,286.5% from the October 15th total of 282 shares. Based on an average daily volume of 22,612 shares, the short-interest ratio is presently 0.2 days.

Grayscale Ethereum Classic Trust (ETC) Stock Performance

ETCG stock traded down $0.21 during trading on Thursday, hitting $2.89. 17,290 shares of the stock traded hands, compared to its average volume of 31,471. Grayscale Ethereum Classic Trust has a 1 year low of $2.88 and a 1 year high of $8.42. The firm’s 50 day moving average is $4.02 and its two-hundred day moving average is $4.19.

About Grayscale Ethereum Classic Trust (ETC)

Grayscale Ethereum Classic Trust (ETC) is an investment vehicle designed to provide investors with exposure to Ethereum Classic (ETC), a digital asset that operates on a decentralized blockchain network. The trust holds Ethereum Classic and issues shares representing fractional beneficial interests in its assets. ETCG is structured to allow investors to gain exposure to Ethereum Classic through a traditional brokerage account rather than purchasing, storing and securing the digital asset directly through a cryptocurrency exchange or digital wallet.