Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Short Interest Up 465.6% in December

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 1,380 shares, an increase of 465.6% from the November 30th total of 244 shares. Based on an average daily volume of 67,479 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 67,479 shares, the days-to-cover ratio is presently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Stock Performance

Shares of ETCG stock opened at $6.74 on Friday. The company’s fifty day moving average price is $7.72 and its 200-day moving average price is $9.19. Grayscale Ethereum Classic Trust has a 12 month low of $5.50 and a 12 month high of $13.84.

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.