Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) Short Interest Down 40.6% in May

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,514 shares, a decline of 40.6% from the May 14th total of 4,232 shares. Based on an average daily volume of 674 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.7% of the shares of the company are short sold.

Institutional Trading of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

A hedge fund recently bought a new stake in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC acquired a new position in Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF (NYSEARCA:AETH) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 20,834 shares of the company’s stock, valued at approximately $753,000. Jane Street Group LLC owned 10.42% of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF at the end of the most recent reporting period.

Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF Price Performance

Shares of Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF stock remained flat at $32.64 on Monday. The company had a trading volume of 2,408 shares, compared to its average volume of 1,174. Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF has a 12-month low of $32.42 and a 12-month high of $59.48. The company has a fifty day simple moving average of $33.81 and a 200 day simple moving average of $35.51.

About Bitwise Trendwise Ethereum and Treasuries Rotation Strategy ETF

The Bitwise Ethereum Strategy ETF (AETH) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is an actively managed fund that that seeks capital appreciation by providing Ethereum-linked exposure. The fund exclusively invests in ether futures contracts AETH was launched on Sep 29, 2023 and is issued by Bitwise.