ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH – Get Free Report) was the target of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 110 shares, a decrease of 76.7% from the October 15th total of 472 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 481 shares, the days-to-cover ratio is presently 0.2 days.
ProShares Bitcoin & Ether Market Cap Weight ETF Stock Performance
ProShares Bitcoin & Ether Market Cap Weight ETF stock opened at $38.86 on Thursday. The stock’s fifty day moving average price is $44.40 and its two-hundred day moving average price is $40.52. ProShares Bitcoin & Ether Market Cap Weight ETF has a one year low of $31.89 and a one year high of $68.18.
ProShares Bitcoin & Ether Market Cap Weight ETF Company Profile
The ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages a market cap-weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETH was launched on Oct 2, 2023 and is issued by ProShares.
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