Short Interest in Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Drops By 56.4%

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 232 shares, a decrease of 56.4% from the May 14th total of 532 shares. Based on an average trading volume of 37,870 shares, the days-to-cover ratio is presently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Stock Down 1.3%

Shares of Grayscale Ethereum Classic Trust (ETC) stock traded down $0.05 during trading hours on Friday, hitting $3.98. The company’s stock had a trading volume of 5,692 shares, compared to its average volume of 38,522. Grayscale Ethereum Classic Trust has a 12 month low of $3.55 and a 12 month high of $12.79. The stock has a 50 day moving average of $4.35 and a 200 day moving average of $5.36.

Grayscale Ethereum Classic Trust (ETC) Company Profile

Grayscale Ethereum Classic Trust (OTCMKTS: ETCG) is a digital currency investment vehicle that provides investors with a convenient and regulated means of gaining exposure to Ethereum Classic (ETC) without the need for direct purchase, storage, or management of the cryptocurrency. The trust holds ETC in cold storage, and each share issued by the trust represents a fractional interest in those holdings. Shares are quoted on the OTCQX market, allowing U.S. and international investors to buy and sell through conventional brokerage accounts.

Launched by Grayscale Investments—an affiliate of Digital Currency Group—the Ethereum Classic Trust first commenced operations in late 2017.