ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) Stock Short Interest Declines 82.2%

ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 126 shares, a drop of 82.2% from the August 31st total of 706 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 1,492 shares, the days-to-cover ratio is presently 0.1 days.

ProShares Bitcoin & Ether Equal Weight ETF Stock Down 0.5%

Shares of NYSEARCA BETE traded down $0.20 during trading hours on Friday, reaching $41.33. The stock had a trading volume of 794 shares, compared to its average volume of 4,066. ProShares Bitcoin & Ether Equal Weight ETF has a 52-week low of $26.53 and a 52-week high of $85.60. The business’s fifty day moving average price is $35.19 and its two-hundred day moving average price is $33.92.

About ProShares Bitcoin & Ether Equal Weight ETF

(Get Free Report)

The ProShares Bitcoin & Ether Equal Weight Strategy ETF (BETE) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETE was launched on Oct 2, 2023 and is issued by ProShares.

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