Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Short Interest Update

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 451 shares, a decline of 37.2% from the June 30th total of 718 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,160 shares, the days-to-cover ratio is presently 0.2 days.

Bitwise Bitcoin Standard Corporations ETF Stock Performance

Shares of NYSEARCA:OWNB traded down $0.61 during midday trading on Friday, reaching $16.85. 5,351 shares of the company’s stock traded hands, compared to its average volume of 11,967. Bitwise Bitcoin Standard Corporations ETF has a 1 year low of $15.07 and a 1 year high of $39.00. The company has a market cap of $13.99 million, a P/E ratio of 20.01 and a beta of 3.16. The company has a fifty day simple moving average of $19.14 and a two-hundred day simple moving average of $19.69.

Institutional Trading of Bitwise Bitcoin Standard Corporations ETF

Several institutional investors have recently modified their holdings of OWNB. Orion Porfolio Solutions LLC raised its position in shares of Bitwise Bitcoin Standard Corporations ETF by 17.6% during the 4th quarter. Orion Porfolio Solutions LLC now owns 109,271 shares of the company’s stock worth $2,346,000 after purchasing an additional 16,376 shares during the last quarter. Citadel Advisors LLC purchased a new stake in Bitwise Bitcoin Standard Corporations ETF during the 3rd quarter worth approximately $1,245,000. Jane Street Group LLC acquired a new position in shares of Bitwise Bitcoin Standard Corporations ETF during the second quarter valued at approximately $1,085,000. Brookwood Investment Group LLC lifted its position in shares of Bitwise Bitcoin Standard Corporations ETF by 35.7% in the fourth quarter. Brookwood Investment Group LLC now owns 9,468 shares of the company’s stock valued at $203,000 after acquiring an additional 2,491 shares in the last quarter. Finally, Ankerstar Wealth LLC purchased a new position in shares of Bitwise Bitcoin Standard Corporations ETF in the fourth quarter valued at approximately $40,000.

Bitwise Bitcoin Standard Corporations ETF Company Profile

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