Bitwise MSTR Option Income Strategy ETF (NYSEARCA:IMST) Short Interest Update

Bitwise MSTR Option Income Strategy ETF (NYSEARCA:IMST) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 222,902 shares, a decrease of 19.1% from the January 29th total of 275,443 shares. Based on an average daily trading volume, of 30,868 shares, the short-interest ratio is presently 7.2 days. Approximately 18.1% of the shares of the company are sold short. Approximately 18.1% of the shares of the company are sold short. Based on an average daily trading volume, of 30,868 shares, the short-interest ratio is presently 7.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Bitwise MSTR Option Income Strategy ETF stock. Jane Street Group LLC boosted its holdings in Bitwise MSTR Option Income Strategy ETF (NYSEARCA:IMST) by 76.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,210 shares of the company’s stock after purchasing an additional 8,777 shares during the quarter. Jane Street Group LLC owned approximately 1.64% of Bitwise MSTR Option Income Strategy ETF worth $255,000 at the end of the most recent quarter.

Bitwise MSTR Option Income Strategy ETF Price Performance

Shares of IMST stock traded down $0.21 during mid-day trading on Tuesday, hitting $11.21. The stock had a trading volume of 24,454 shares, compared to its average volume of 41,087. Bitwise MSTR Option Income Strategy ETF has a fifty-two week low of $9.28 and a fifty-two week high of $63.56. The company’s 50-day simple moving average is $12.50 and its 200-day simple moving average is $22.66. The firm has a market cap of $13.79 million, a PE ratio of -5,745.77 and a beta of -5.04.

About Bitwise MSTR Option Income Strategy ETF

The Bitwise MSTR Option Income Strategy ETF is an actively managed exchange-traded fund that seeks to provide current income. The fund invests at least 80% of its net assets in MicroStrategy Incorporated (MSTR) common stock and employs an option income strategy by writing (selling) call options on MSTR to generate additional income.