Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB – Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 4,992 shares, a decrease of 75.7% from the April 30th total of 20,569 shares. Based on an average daily volume of 6,401 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the company’s shares are short sold.
Bitwise Bitcoin Standard Corporations ETF Stock Up 0.8%
OWNB stock traded up $0.19 during mid-day trading on Friday, hitting $22.69. 3,495 shares of the company were exchanged, compared to its average volume of 13,163. The firm has a market capitalization of $23.82 million, a P/E ratio of 20.01 and a beta of 2.95. The business has a fifty day simple moving average of $20.01 and a 200-day simple moving average of $21.51. Bitwise Bitcoin Standard Corporations ETF has a 12-month low of $15.07 and a 12-month high of $39.00.
Hedge Funds Weigh In On Bitwise Bitcoin Standard Corporations ETF
Several hedge funds have recently bought and sold shares of OWNB. Jane Street Group LLC acquired a new position in Bitwise Bitcoin Standard Corporations ETF in the 2nd quarter valued at about $1,085,000. Orion Porfolio Solutions LLC acquired a new position in shares of Bitwise Bitcoin Standard Corporations ETF in the second quarter worth $1,794,000. Envestnet Asset Management Inc. acquired a new position in shares of Bitwise Bitcoin Standard Corporations ETF in the third quarter worth $934,000. Citadel Advisors LLC purchased a new stake in shares of Bitwise Bitcoin Standard Corporations ETF during the third quarter worth $1,245,000. Finally, Brookwood Investment Group LLC increased its holdings in Bitwise Bitcoin Standard Corporations ETF by 35.7% during the 4th quarter. Brookwood Investment Group LLC now owns 9,468 shares of the company’s stock worth $203,000 after purchasing an additional 2,491 shares during the period.
About Bitwise Bitcoin Standard Corporations ETF
The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.
Featured Stories
- Five stocks we like better than Bitwise Bitcoin Standard Corporations ETF
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Receive News & Ratings for Bitwise Bitcoin Standard Corporations ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bitwise Bitcoin Standard Corporations ETF and related companies with MarketBeat.com's FREE daily email newsletter.
