Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Shares Shorted: Short Interest Up 1,286.5% in October

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 3,910 shares, a growth of 1,286.5% from the October 15th total of 282 shares. Based on an average daily volume of 22,612 shares, the short-interest ratio is currently 0.2 days.

Grayscale Ethereum Classic Trust (ETC) Stock Performance

ETCG opened at $3.12 on Wednesday. The firm’s fifty day moving average is $4.04 and its 200 day moving average is $4.21. Grayscale Ethereum Classic Trust has a fifty-two week low of $3.05 and a fifty-two week high of $8.62.

About Grayscale Ethereum Classic Trust (ETC)

Grayscale Ethereum Classic Trust (ETC) is an investment vehicle designed to provide investors with exposure to Ethereum Classic (ETC), a digital asset that operates on a decentralized blockchain network. The trust holds Ethereum Classic and issues shares representing fractional beneficial interests in its assets. ETCG is structured to allow investors to gain exposure to Ethereum Classic through a traditional brokerage account rather than purchasing, storing and securing the digital asset directly through a cryptocurrency exchange or digital wallet.