Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Short Interest Down 45.7% in August

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,896 shares, a decrease of 45.7% from the August 15th total of 3,489 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average trading volume of 951 shares, the short-interest ratio is presently 2.0 days.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Stock Performance

AETH traded down $0.09 during trading on Wednesday, hitting $37.29. 1,818 shares of the company traded hands, compared to its average volume of 1,022. The stock’s 50-day simple moving average is $33.31 and its two-hundred day simple moving average is $33.63. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 1 year low of $28.27 and a 1 year high of $53.73.

Institutional Investors Weigh In On Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

An institutional investor recently raised its stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Global Retirement Partners LLC increased its stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) by 7.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,259 shares of the company’s stock after buying an additional 1,282 shares during the quarter. Global Retirement Partners LLC owned about 9.13% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF worth $660,000 as of its most recent SEC filing.

About Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

The Bitwise Ethereum Strategy ETF (AETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is an actively managed fund that that seeks capital appreciation by providing Ethereum-linked exposure. The fund exclusively invests in ether futures contracts AETH was launched on Sep 29, 2023 and is issued by Bitwise.