Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Short Interest Up 108.5% in June

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 7,801 shares, an increase of 108.5% from the June 15th total of 3,741 shares. Approximately 5.2% of the shares of the company are short sold. Based on an average daily trading volume, of 414 shares, the days-to-cover ratio is currently 18.8 days.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Price Performance

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock remained flat at $30.57 during midday trading on Friday. The company had a trading volume of 409 shares, compared to its average volume of 1,049. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 12-month low of $28.27 and a 12-month high of $59.48. The stock’s fifty day simple moving average is $31.56 and its two-hundred day simple moving average is $34.18.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC purchased a new stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 20,834 shares of the company’s stock, valued at approximately $753,000. Jane Street Group LLC owned about 10.42% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF at the end of the most recent reporting period.

About Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

The Bitwise Ethereum Strategy ETF (AETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is an actively managed fund that that seeks capital appreciation by providing Ethereum-linked exposure. The fund exclusively invests in ether futures contracts AETH was launched on Sep 29, 2023 and is issued by Bitwise.