Short Interest in Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Expands By 277.3%

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,064 shares, a growth of 277.3% from the July 15th total of 282 shares. Based on an average trading volume of 38,087 shares, the days-to-cover ratio is currently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Trading Down 0.3%

Shares of Grayscale Ethereum Classic Trust (ETC) stock opened at $3.21 on Thursday. The business’s fifty day simple moving average is $3.77 and its 200 day simple moving average is $4.33. Grayscale Ethereum Classic Trust has a 12 month low of $3.21 and a 12 month high of $12.79.

Grayscale Ethereum Classic Trust (ETC) Company Profile

Grayscale Ethereum Classic Trust (OTCMKTS: ETCG) is a digital currency investment vehicle that provides investors with a convenient and regulated means of gaining exposure to Ethereum Classic (ETC) without the need for direct purchase, storage, or management of the cryptocurrency. The trust holds ETC in cold storage, and each share issued by the trust represents a fractional interest in those holdings. Shares are quoted on the OTCQX market, allowing U.S. and international investors to buy and sell through conventional brokerage accounts.

Launched by Grayscale Investments—an affiliate of Digital Currency Group—the Ethereum Classic Trust first commenced operations in late 2017.