Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Short Interest Update

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 282 shares, a decrease of 73.5% from the July 30th total of 1,064 shares. Based on an average daily volume of 29,857 shares, the short-interest ratio is presently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Price Performance

ETCG opened at $3.79 on Friday. The company’s 50 day moving average price is $3.68 and its two-hundred day moving average price is $4.18. Grayscale Ethereum Classic Trust has a fifty-two week low of $3.05 and a fifty-two week high of $11.98.

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.