Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Sees Significant Growth in Short Interest

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 1,259 shares, a growth of 52.8% from the January 29th total of 824 shares. Based on an average trading volume of 1,383 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 1,383 shares, the days-to-cover ratio is presently 0.9 days.

Hedge Funds Weigh In On Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

A hedge fund recently raised its stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC increased its position in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) by 30.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,481 shares of the company’s stock after purchasing an additional 4,106 shares during the quarter. Jane Street Group LLC owned approximately 8.74% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF worth $479,000 as of its most recent SEC filing.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Price Performance

Shares of AETH traded up $0.01 on Monday, hitting $35.11. The company’s stock had a trading volume of 452 shares, compared to its average volume of 1,676. The firm’s fifty day moving average price is $35.79 and its 200-day moving average price is $41.79. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a fifty-two week low of $26.79 and a fifty-two week high of $59.48.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Tuesday, December 30th. Stockholders of record on Friday, December 26th were given a dividend of $0.8697 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend yield of 240.0%.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Company Profile

The Bitwise Ethereum Strategy ETF (AETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is an actively managed fund that that seeks capital appreciation by providing Ethereum-linked exposure. The fund exclusively invests in ether futures contracts AETH was launched on Sep 29, 2023 and is issued by Bitwise.