CoinShares Altcoins ETF (NASDAQ:DIME) Trading Up 0.8% – Time to Buy?

Shares of CoinShares Altcoins ETF (NASDAQ:DIME) were up 0.8% during mid-day trading on Monday . The company traded as high as $7.45 and last traded at $7.44. Approximately 1,353 shares were traded during trading, a decline of 52% from the average daily volume of 2,823 shares. The stock had previously closed at $7.38.

CoinShares Altcoins ETF Price Performance

The firm has a 50 day simple moving average of $7.87.

Hedge Funds Weigh In On CoinShares Altcoins ETF

A hedge fund recently bought a new position in CoinShares Altcoins ETF stock. Farringdon Capital Ltd. bought a new stake in shares of CoinShares Altcoins ETF (NASDAQ:DIME) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 72,519 shares of the company’s stock, valued at approximately $1,200,000. Farringdon Capital Ltd. owned 51.80% of CoinShares Altcoins ETF at the end of the most recent quarter.

Dime Community Bancshares, Inc is the bank holding company for Dime Community Bank, headquartered in Brooklyn, New York. The company operates as a commercial community bank offering a range of deposit, lending and cash-management services to individuals, small and middle-market businesses, and real estate owners. Its core activities include taking retail and commercial deposits and originating loans across consumer, residential mortgage and commercial real estate sectors.

Products and services provided through the bank include checking and savings accounts, certificates of deposit, residential mortgage origination and servicing, commercial real estate lending, and business lines of credit.