Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Stock Short Interest Rises 261.3%

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,886 shares, an increase of 261.3% from the September 15th total of 522 shares. Based on an average trading volume of 3,345 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Trading of Bitwise Bitcoin Standard Corporations ETF

A hedge fund recently raised its position in Bitwise Bitcoin Standard Corporations ETF stock. Citadel Advisors LLC grew its holdings in Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) by 94.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,854 shares of the company’s stock after purchasing an additional 17,868 shares during the period. Citadel Advisors LLC owned approximately 4.44% of Bitwise Bitcoin Standard Corporations ETF worth $648,000 as of its most recent SEC filing.

Bitwise Bitcoin Standard Corporations ETF Trading Up 0.4%

NYSEARCA:OWNB traded up $0.09 on Tuesday, hitting $21.14. 2,946 shares of the stock were exchanged, compared to its average volume of 9,610. The stock has a market cap of $17.54 million, a PE ratio of 20.01 and a beta of 3.05. Bitwise Bitcoin Standard Corporations ETF has a fifty-two week low of $15.07 and a fifty-two week high of $39.00. The stock has a fifty day moving average of $20.49 and a 200-day moving average of $19.81.

About Bitwise Bitcoin Standard Corporations ETF

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.