CoinShares Altcoins ETF (NASDAQ:DIME) Sees Large Growth in Short Interest

CoinShares Altcoins ETF (NASDAQ:DIME) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 57,852 shares, a growth of 615.8% from the September 15th total of 8,082 shares. Currently, 23.1% of the shares of the stock are short sold. Based on an average trading volume of 13,667 shares, the short-interest ratio is currently 4.2 days.

CoinShares Altcoins ETF Price Performance

DIME stock opened at $11.36 on Friday. The firm has a fifty day moving average price of $9.28 and a 200 day moving average price of $8.74. CoinShares Altcoins ETF has a fifty-two week low of $7.13 and a fifty-two week high of $26.07.

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.