ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 110 shares, a decline of 76.7% from the October 15th total of 472 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 481 shares, the days-to-cover ratio is presently 0.2 days.
ProShares Bitcoin & Ether Market Cap Weight ETF Price Performance
Shares of NYSEARCA BETH traded down $1.38 during mid-day trading on Friday, hitting $37.24. The stock had a trading volume of 622 shares, compared to its average volume of 2,760. The company has a 50 day moving average of $44.15 and a two-hundred day moving average of $40.39. ProShares Bitcoin & Ether Market Cap Weight ETF has a twelve month low of $31.89 and a twelve month high of $62.80.
ProShares Bitcoin & Ether Market Cap Weight ETF Company Profile
The ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages a market cap-weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETH was launched on Oct 2, 2023 and is issued by ProShares.
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