Bitwise MARA Option Income Strategy ETF (NYSEARCA:IMRA) Short Interest Up 269.9% in December

Bitwise MARA Option Income Strategy ETF (NYSEARCA:IMRA) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 13,580 shares, a growth of 269.9% from the December 15th total of 3,671 shares. Based on an average daily trading volume, of 8,455 shares, the short-interest ratio is currently 1.6 days. Approximately 7.5% of the company’s shares are sold short. Approximately 7.5% of the company’s shares are sold short. Based on an average daily trading volume, of 8,455 shares, the short-interest ratio is currently 1.6 days.

Bitwise MARA Option Income Strategy ETF Trading Up 1.1%

Shares of IMRA opened at $17.40 on Thursday. The firm’s fifty day simple moving average is $19.21 and its two-hundred day simple moving average is $32.72. Bitwise MARA Option Income Strategy ETF has a 12 month low of $14.47 and a 12 month high of $60.73. The stock has a market capitalization of $3.13 million, a P/E ratio of 348.00 and a beta of -6.67.

Bitwise MARA Option Income Strategy ETF Company Profile

IMARA Inc, a clinical-stage biopharmaceutical company, develops and commercializes therapeutics for patients with rare genetic disorders of hemoglobin. Its lead product candidate is IMR-687, an oral and once-a-day therapeutic that is in Phase 2b clinical trials for the treatment of sickle cell disease and ß-thalassemia. The company also develops IMR-261, an oral and clinical-ready activator of nuclear factor erythroid 2–related factor 2 for the treatment of hemoglobinopathies, iron disorders, and potentially other areas.