Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Short Interest Down 75.7% in May

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,992 shares, a drop of 75.7% from the April 30th total of 20,569 shares. Based on an average trading volume of 6,401 shares, the short-interest ratio is presently 0.8 days. Approximately 0.5% of the company’s shares are sold short.

Bitwise Bitcoin Standard Corporations ETF Stock Up 0.8%

Bitwise Bitcoin Standard Corporations ETF stock traded up $0.19 during trading hours on Friday, reaching $22.69. 3,495 shares of the company’s stock were exchanged, compared to its average volume of 13,163. The firm’s 50 day simple moving average is $20.01 and its 200 day simple moving average is $21.44. Bitwise Bitcoin Standard Corporations ETF has a twelve month low of $15.07 and a twelve month high of $39.00. The firm has a market capitalization of $23.82 million, a PE ratio of 20.01 and a beta of 2.95.

Institutional Trading of Bitwise Bitcoin Standard Corporations ETF

A number of large investors have recently bought and sold shares of the business. Orion Porfolio Solutions LLC grew its holdings in Bitwise Bitcoin Standard Corporations ETF by 17.6% during the 4th quarter. Orion Porfolio Solutions LLC now owns 109,271 shares of the company’s stock worth $2,346,000 after acquiring an additional 16,376 shares during the period. Citadel Advisors LLC acquired a new stake in Bitwise Bitcoin Standard Corporations ETF during the 3rd quarter worth about $1,245,000. Jane Street Group LLC acquired a new stake in Bitwise Bitcoin Standard Corporations ETF during the 2nd quarter worth about $1,085,000. Envestnet Asset Management Inc. acquired a new stake in Bitwise Bitcoin Standard Corporations ETF during the 3rd quarter worth about $934,000. Finally, Brookwood Investment Group LLC grew its holdings in Bitwise Bitcoin Standard Corporations ETF by 35.7% during the 4th quarter. Brookwood Investment Group LLC now owns 9,468 shares of the company’s stock worth $203,000 after acquiring an additional 2,491 shares during the period.

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.