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

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 2,419 shares, a growth of 387.7% from the August 15th total of 496 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,803 shares, the short-interest ratio is presently 0.6 days.

Bitwise Bitcoin Standard Corporations ETF Price Performance

Shares of NYSEARCA OWNB traded up $0.68 during mid-day trading on Friday, hitting $21.21. 1,948 shares of the stock traded hands, compared to its average volume of 10,518. Bitwise Bitcoin Standard Corporations ETF has a twelve month low of $15.07 and a twelve month high of $39.00. The company has a market cap of $17.60 million, a PE ratio of 20.01 and a beta of 3.21. The firm has a 50 day simple moving average of $18.44 and a two-hundred day simple moving average of $19.18.

Hedge Funds Weigh In On Bitwise Bitcoin Standard Corporations ETF

Large investors have recently bought and sold shares of the company. Orion Porfolio Solutions LLC bought a new position in Bitwise Bitcoin Standard Corporations ETF in the 2nd quarter valued at approximately $1,794,000. Citadel Advisors LLC acquired a new stake in Bitwise Bitcoin Standard Corporations ETF during the 3rd quarter worth approximately $1,245,000. Jane Street Group LLC bought a new stake in Bitwise Bitcoin Standard Corporations ETF during the 2nd quarter worth approximately $1,085,000. Finally, Ankerstar Wealth LLC acquired a new position in Bitwise Bitcoin Standard Corporations ETF in the 4th quarter valued at approximately $40,000.

About Bitwise Bitcoin Standard Corporations ETF

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