ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 193 shares, a growth of 70.8% from the September 30th total of 113 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,170 shares, the short-interest ratio is presently 0.2 days.
ProShares Bitcoin & Ether Equal Weight ETF Stock Up 0.1%
Shares of NYSEARCA BETE opened at $35.86 on Tuesday. ProShares Bitcoin & Ether Equal Weight ETF has a 52-week low of $26.53 and a 52-week high of $66.73. The firm’s 50-day moving average price is $39.15 and its 200-day moving average price is $35.33.
ProShares Bitcoin & Ether Equal Weight ETF Company Profile
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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