Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Stock Short Interest Rises 1,286.5%

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 3,910 shares, a growth of 1,286.5% from the October 15th total of 282 shares. Based on an average daily trading volume, of 22,612 shares, the days-to-cover ratio is presently 0.2 days.

Grayscale Ethereum Classic Trust (ETC) Stock Performance

Shares of Grayscale Ethereum Classic Trust (ETC) stock traded down $0.13 during trading on Tuesday, hitting $3.12. 20,963 shares of the stock traded hands, compared to its average volume of 31,689. Grayscale Ethereum Classic Trust has a 52-week low of $3.05 and a 52-week high of $8.62. The stock’s fifty day simple moving average is $4.04 and its 200 day simple moving average is $4.21.

Grayscale Ethereum Classic Trust (ETC) Company Profile

Grayscale Ethereum Classic Trust (ETC) is an investment vehicle designed to provide investors with exposure to Ethereum Classic (ETC), a digital asset that operates on a decentralized blockchain network. The trust holds Ethereum Classic and issues shares representing fractional beneficial interests in its assets. ETCG is structured to allow investors to gain exposure to Ethereum Classic through a traditional brokerage account rather than purchasing, storing and securing the digital asset directly through a cryptocurrency exchange or digital wallet.