ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 514 shares, an increase of 125.4% from the July 30th total of 228 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 1,574 shares, the short-interest ratio is presently 0.3 days.
Institutional Trading of ProShares Bitcoin & Ether Market Cap Weight ETF
An institutional investor recently bought a new position in ProShares Bitcoin & Ether Market Cap Weight ETF stock. Osaic Holdings Inc. bought a new position in ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 725 shares of the company’s stock, valued at approximately $59,000. Osaic Holdings Inc. owned approximately 0.36% of ProShares Bitcoin & Ether Market Cap Weight ETF at the end of the most recent reporting period.
ProShares Bitcoin & Ether Market Cap Weight ETF Price Performance
ProShares Bitcoin & Ether Market Cap Weight ETF stock traded down $0.62 during midday trading on Friday, hitting $43.17. The company’s stock had a trading volume of 194 shares, compared to its average volume of 3,382. ProShares Bitcoin & Ether Market Cap Weight ETF has a 12 month low of $31.89 and a 12 month high of $87.02. The stock’s 50-day moving average price is $36.05 and its 200-day moving average price is $38.63.
About ProShares Bitcoin & Ether Market Cap Weight ETF
The ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages a market cap-weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETH was launched on Oct 2, 2023 and is issued by ProShares.
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