Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Short Interest Up 640.9% in June

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,719 shares, a growth of 640.9% from the May 31st total of 232 shares. Based on an average daily trading volume, of 103,434 shares, the short-interest ratio is presently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Stock Performance

Shares of ETCG opened at $4.01 on Friday. The business has a fifty day moving average of $4.28 and a 200 day moving average of $5.12. Grayscale Ethereum Classic Trust has a 52-week low of $3.55 and a 52-week high of $12.79.

About Grayscale Ethereum Classic Trust (ETC)

Grayscale Ethereum Classic Trust (OTCMKTS: ETCG) is a digital currency investment vehicle that provides investors with a convenient and regulated means of gaining exposure to Ethereum Classic (ETC) without the need for direct purchase, storage, or management of the cryptocurrency. The trust holds ETC in cold storage, and each share issued by the trust represents a fractional interest in those holdings. Shares are quoted on the OTCQX market, allowing U.S. and international investors to buy and sell through conventional brokerage accounts.

Launched by Grayscale Investments—an affiliate of Digital Currency Group—the Ethereum Classic Trust first commenced operations in late 2017.