Bitwise GME Option Income Strategy ETF (NYSEARCA:IGME) Short Interest Update

Bitwise GME Option Income Strategy ETF (NYSEARCA:IGME) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 861 shares, a decline of 79.6% from the May 31st total of 4,227 shares. Based on an average trading volume of 510 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.7% of the shares of the company are sold short.

Bitwise GME Option Income Strategy ETF Trading Up 1.7%

NYSEARCA:IGME traded up $0.38 during mid-day trading on Friday, hitting $22.61. The stock had a trading volume of 1,085 shares, compared to its average volume of 1,727. The company has a 50 day simple moving average of $23.53 and a 200-day simple moving average of $24.93. Bitwise GME Option Income Strategy ETF has a 52 week low of $21.72 and a 52 week high of $43.34.

Institutional Investors Weigh In On Bitwise GME Option Income Strategy ETF

An institutional investor recently bought a new stake in Bitwise GME Option Income Strategy ETF stock. Jane Street Group LLC acquired a new position in shares of Bitwise GME Option Income Strategy ETF (NYSEARCA:IGME) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 14,242 shares of the company’s stock, valued at approximately $612,000. Jane Street Group LLC owned 28.48% of Bitwise GME Option Income Strategy ETF at the end of the most recent quarter.

Bitwise GME Option Income Strategy ETF Company Profile

Bitwise Funds Trust is a provider of cryptocurrency-focused exchange-traded funds (ETFs) and investment products. The Trust offers a range of actively managed and index-based ETFs that provide exposure to digital assets such as Bitcoin and Ethereum, as well as strategies combining cryptocurrencies with U.S. Treasury securities to manage risk. The funds are designed to offer investors diversified, liquid, and regulated access to the crypto asset class. Bitwise is recognized as one of the largest crypto index fund managers globally, with a focus on transparency and institutional-grade investment solutions.