Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Short Interest Update

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 775 shares, a drop of 71.3% from the August 31st total of 2,699 shares. Based on an average trading volume of 56,029 shares, the days-to-cover ratio is presently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Trading Down 10.4%

Shares of ETCG stock opened at $4.67 on Friday. Grayscale Ethereum Classic Trust has a twelve month low of $3.05 and a twelve month high of $10.10. The stock has a fifty day simple moving average of $3.80 and a two-hundred day simple moving average of $4.12.

About Grayscale Ethereum Classic Trust (ETC)

Grayscale Ethereum Classic Trust (ETC) is an investment vehicle designed to provide investors with exposure to Ethereum Classic (ETC), a blockchain-based digital asset. The trust holds Ethereum Classic on behalf of its shareholders, with each share representing a fractional interest in the trust’s ETC holdings.

The trust is structured to offer exposure to Ethereum Classic through a traditional securities account, allowing investors to gain access to the digital asset without directly purchasing, storing or managing ETC through a cryptocurrency exchange or digital wallet.