ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) Short Interest Update

ProShares Bitcoin & Ether Equal Weight ETF (NYSEARCA:BETE) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 126 shares, a decrease of 82.2% from the August 31st total of 706 shares. Based on an average daily volume of 1,492 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

ProShares Bitcoin & Ether Equal Weight ETF Price Performance

Shares of BETE stock opened at $41.53 on Friday. ProShares Bitcoin & Ether Equal Weight ETF has a 52-week low of $26.53 and a 52-week high of $85.60. The company’s 50 day moving average is $34.97 and its 200 day moving average is $33.86.

About ProShares Bitcoin & Ether Equal Weight ETF

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.