Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Short Interest Down 45.7% in August

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,896 shares, a decline of 45.7% from the August 15th total of 3,489 shares. Based on an average daily volume of 951 shares, the short-interest ratio is currently 2.0 days. Currently, 1.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Global Retirement Partners LLC grew its position in shares of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) by 7.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,259 shares of the company’s stock after buying an additional 1,282 shares during the quarter. Global Retirement Partners LLC owned 9.13% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF worth $660,000 as of its most recent filing with the SEC.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Trading Down 4.9%

NYSEARCA:AETH traded down $1.92 during mid-day trading on Tuesday, reaching $37.46. 87 shares of the stock were exchanged, compared to its average volume of 1,023. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 1 year low of $28.27 and a 1 year high of $53.73. The company has a 50 day simple moving average of $33.15 and a 200-day simple moving average of $33.61.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Company Profile

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.