Short Interest in Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Increases By 244.8%

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 800 shares, a growth of 244.8% from the April 15th total of 232 shares. Based on an average trading volume of 105,108 shares, the short-interest ratio is currently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Stock Up 0.4%

OTCMKTS:ETCG traded up $0.02 during mid-day trading on Thursday, reaching $4.49. The stock had a trading volume of 37,222 shares, compared to its average volume of 38,965. Grayscale Ethereum Classic Trust has a 1-year low of $4.21 and a 1-year high of $12.79. The stock’s 50 day simple moving average is $4.52 and its two-hundred day simple moving average is $5.95.

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.