Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Sees Significant Growth in Short Interest

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNBGet Free Report) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 21,653 shares, an increase of 54.2% from the January 29th total of 14,043 shares. Based on an average daily volume of 18,902 shares, the short-interest ratio is currently 1.1 days. Currently, 1.9% of the shares of the stock are sold short. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily volume of 18,902 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of Bitwise Bitcoin Standard Corporations ETF

A number of hedge funds have recently modified their holdings of OWNB. Orion Porfolio Solutions LLC acquired a new stake in Bitwise Bitcoin Standard Corporations ETF during the 2nd quarter worth about $1,794,000. Citadel Advisors LLC bought a new position in shares of Bitwise Bitcoin Standard Corporations ETF during the 3rd quarter valued at $1,245,000. Jane Street Group LLC bought a new position in Bitwise Bitcoin Standard Corporations ETF during the second quarter valued at about $1,085,000. Envestnet Asset Management Inc. acquired a new stake in Bitwise Bitcoin Standard Corporations ETF in the 3rd quarter worth approximately $934,000. Finally, Brookwood Investment Group LLC acquired a new stake in shares of Bitwise Bitcoin Standard Corporations ETF in the third quarter worth $233,000.

Bitwise Bitcoin Standard Corporations ETF Stock Performance

Shares of NYSEARCA OWNB traded up $0.73 during trading on Monday, hitting $18.74. The company had a trading volume of 23,293 shares, compared to its average volume of 24,887. The company has a market cap of $21.55 million, a P/E ratio of 20.01 and a beta of 5.30. The business’s 50-day moving average is $21.55 and its 200 day moving average is $27.28. Bitwise Bitcoin Standard Corporations ETF has a 52 week low of $16.74 and a 52 week high of $39.00.

Bitwise Bitcoin Standard Corporations ETF Company Profile

(Get Free Report)

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

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