Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Sees Significant Decrease in Short Interest

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNBGet Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 451 shares, a decrease of 37.2% from the June 30th total of 718 shares. Based on an average daily trading volume, of 2,160 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Bitwise Bitcoin Standard Corporations ETF Price Performance

NYSEARCA OWNB traded up $1.33 during trading on Thursday, hitting $17.46. The company’s stock had a trading volume of 1,096 shares, compared to its average volume of 12,014. The company has a market cap of $14.49 million, a PE ratio of 20.01 and a beta of 3.16. The business’s 50 day simple moving average is $19.24 and its 200-day simple moving average is $19.73. Bitwise Bitcoin Standard Corporations ETF has a fifty-two week low of $15.07 and a fifty-two week high of $39.00.

Hedge Funds Weigh In On Bitwise Bitcoin Standard Corporations ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in Bitwise Bitcoin Standard Corporations ETF during the 2nd quarter worth approximately $1,085,000. Orion Porfolio Solutions LLC acquired a new stake in shares of Bitwise Bitcoin Standard Corporations ETF during the second quarter worth $1,794,000. Citadel Advisors LLC acquired a new stake in shares of Bitwise Bitcoin Standard Corporations ETF during the third quarter worth $1,245,000. Brookwood Investment Group LLC grew its holdings in shares of Bitwise Bitcoin Standard Corporations ETF by 35.7% during the fourth quarter. Brookwood Investment Group LLC now owns 9,468 shares of the company’s stock valued at $203,000 after buying an additional 2,491 shares during the last quarter. Finally, Ankerstar Wealth LLC purchased a new stake in shares of Bitwise Bitcoin Standard Corporations ETF during the fourth quarter valued at $40,000.

Bitwise Bitcoin Standard Corporations ETF Company Profile

(Get Free Report)

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.

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