Bitwise MARA Option Income Strategy ETF (NYSEARCA:IMRA) Short Interest Up 76.6% in January

Bitwise MARA Option Income Strategy ETF (NYSEARCA:IMRA) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 23,987 shares, a growth of 76.6% from the December 31st total of 13,580 shares. Based on an average daily volume of 4,141 shares, the days-to-cover ratio is currently 5.8 days. Approximately 13.3% of the shares of the stock are sold short. Approximately 13.3% of the shares of the stock are sold short. Based on an average daily volume of 4,141 shares, the days-to-cover ratio is currently 5.8 days.

Bitwise MARA Option Income Strategy ETF Stock Down 2.9%

NYSEARCA:IMRA opened at $15.49 on Friday. The business’s 50-day simple moving average is $17.56 and its two-hundred day simple moving average is $30.05. Bitwise MARA Option Income Strategy ETF has a 52 week low of $14.47 and a 52 week high of $60.73. The stock has a market cap of $3.72 million, a PE ratio of 309.80 and a beta of -6.67.

About Bitwise MARA Option Income Strategy ETF

IMARA Inc, a clinical-stage biopharmaceutical company, develops and commercializes therapeutics for patients with rare genetic disorders of hemoglobin. Its lead product candidate is IMR-687, an oral and once-a-day therapeutic that is in Phase 2b clinical trials for the treatment of sickle cell disease and ß-thalassemia. The company also develops IMR-261, an oral and clinical-ready activator of nuclear factor erythroid 2–related factor 2 for the treatment of hemoglobinopathies, iron disorders, and potentially other areas.