Short Interest in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Drops By 40.6%

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 2,514 shares, a decrease of 40.6% from the May 14th total of 4,232 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily volume of 674 shares, the days-to-cover ratio is currently 3.7 days.

Institutional Trading of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

A hedge fund recently bought a new stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC acquired a new stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,834 shares of the company’s stock, valued at approximately $753,000. Jane Street Group LLC owned approximately 10.42% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF as of its most recent SEC filing.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Price Performance

AETH opened at $32.64 on Wednesday. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 52-week low of $32.42 and a 52-week high of $59.48. The business’s fifty day moving average is $33.78 and its 200-day moving average is $35.47.

About Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

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.