Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Shares Shorted: Short Interest Down 78.4% in September

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 522 shares, a drop of 78.4% from the August 31st total of 2,419 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,990 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Bitwise Bitcoin Standard Corporations ETF

An institutional investor recently raised its stake in Bitwise Bitcoin Standard Corporations ETF stock. Citadel Advisors LLC grew its position in shares of Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) by 94.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,854 shares of the company’s stock after acquiring an additional 17,868 shares during the quarter. Citadel Advisors LLC owned about 4.44% of Bitwise Bitcoin Standard Corporations ETF worth $648,000 at the end of the most recent quarter.

Bitwise Bitcoin Standard Corporations ETF Stock Down 1.8%

Shares of NYSEARCA OWNB traded down $0.42 during trading on Friday, hitting $23.23. 441 shares of the company traded hands, compared to its average volume of 10,076. The firm has a market capitalization of $19.28 million, a P/E ratio of 20.01 and a beta of 3.21. The company has a 50-day moving average price of $19.44 and a 200-day moving average price of $19.48. Bitwise Bitcoin Standard Corporations ETF has a 1 year low of $15.07 and a 1 year high of $39.00.

Bitwise Bitcoin Standard Corporations ETF Company Profile

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.