Short Interest in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Declines By 45.7%

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,896 shares, a decline of 45.7% from the August 15th total of 3,489 shares. Based on an average trading volume of 951 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.3% of the shares of the company are short sold.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Trading Down 0.1%

NYSEARCA:AETH traded down $0.03 during trading hours on Thursday, reaching $37.26. The company had a trading volume of 856 shares, compared to its average volume of 1,021. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 52 week low of $28.27 and a 52 week high of $53.73. The firm’s 50 day moving average price is $33.49 and its 200-day moving average price is $33.65.

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. Global Retirement Partners LLC grew its stake in shares of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,259 shares of the company’s stock after buying an additional 1,282 shares during the period. Global Retirement Partners LLC owned 9.13% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF worth $660,000 at the end of the most recent reporting period.

About Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

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.