Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH – Get Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,896 shares, a drop of 45.7% from the August 15th total of 3,489 shares. Based on an average trading volume of 951 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.3% of the shares of the stock are short sold.
Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Stock Down 4.9%
AETH stock traded down $1.92 during trading on Tuesday, reaching $37.46. 87 shares of the company were exchanged, compared to its average volume of 1,023. The stock’s 50 day moving average price is $33.15 and its 200 day moving average price is $33.61. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 52-week low of $28.27 and a 52-week high of $53.73.
Hedge Funds Weigh In On Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF
A hedge fund recently raised its stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Global Retirement Partners LLC increased its holdings in shares of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH – Free Report) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,259 shares of the company’s stock after buying an additional 1,282 shares during the quarter. Global Retirement Partners LLC owned about 9.13% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF worth $660,000 as of its most recent filing with the Securities and Exchange Commission.
Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Company Profile
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.
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