Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Stock Short Interest Rises 1,286.5%

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 3,910 shares, an increase of 1,286.5% from the October 15th total of 282 shares. Based on an average trading volume of 22,612 shares, the days-to-cover ratio is currently 0.2 days.

Grayscale Ethereum Classic Trust (ETC) Price Performance

OTCMKTS ETCG traded down $0.13 on Tuesday, hitting $3.12. The stock had a trading volume of 20,963 shares, compared to its average volume of 31,689. The business’s fifty day moving average price is $4.04 and its 200 day moving average price is $4.21. Grayscale Ethereum Classic Trust has a 52-week low of $3.05 and a 52-week high of $8.62.

About Grayscale Ethereum Classic Trust (ETC)

Grayscale Ethereum Classic Trust (ETC) is an investment vehicle designed to provide investors with exposure to Ethereum Classic (ETC), a digital asset that operates on a decentralized blockchain network. The trust holds Ethereum Classic and issues shares representing fractional beneficial interests in its assets. ETCG is structured to allow investors to gain exposure to Ethereum Classic through a traditional brokerage account rather than purchasing, storing and securing the digital asset directly through a cryptocurrency exchange or digital wallet.