Short Interest in Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Increases By 387.7%

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNBGet Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,419 shares, an increase of 387.7% from the August 15th total of 496 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 3,803 shares, the short-interest ratio is presently 0.6 days.

Bitwise Bitcoin Standard Corporations ETF Stock Up 2.0%

NYSEARCA OWNB traded up $0.42 during trading hours on Friday, hitting $20.95. 1,025 shares of the company were exchanged, compared to its average volume of 10,463. The company has a 50 day moving average of $18.50 and a two-hundred day moving average of $19.20. Bitwise Bitcoin Standard Corporations ETF has a 52-week low of $15.07 and a 52-week high of $39.00. The firm has a market cap of $17.39 million, a price-to-earnings ratio of 20.01 and a beta of 3.21.

Hedge Funds Weigh In On Bitwise Bitcoin Standard Corporations ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Ankerstar Wealth LLC acquired a new stake in Bitwise Bitcoin Standard Corporations ETF in the fourth quarter valued at approximately $40,000. Jane Street Group LLC purchased a new position in Bitwise Bitcoin Standard Corporations ETF in the second quarter worth approximately $1,085,000. Citadel Advisors LLC grew its holdings in Bitwise Bitcoin Standard Corporations ETF by 94.1% during the 2nd quarter. Citadel Advisors LLC now owns 36,854 shares of the company’s stock worth $648,000 after acquiring an additional 17,868 shares in the last quarter. Finally, Orion Porfolio Solutions LLC acquired a new position in Bitwise Bitcoin Standard Corporations ETF during the 2nd quarter worth approximately $1,794,000.

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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