Short Interest in ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH) Expands By ∞

ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETHGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 1 shares, an increase of ∞ from the May 14th total of 0 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,489 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On ProShares Bitcoin & Ether Market Cap Weight ETF

Hedge funds have recently modified their holdings of the business. Hoey Investments Inc. lifted its position in shares of ProShares Bitcoin & Ether Market Cap Weight ETF by 66.7% in the 4th quarter. Hoey Investments Inc. now owns 500 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares during the period. Osaic Holdings Inc. purchased a new stake in shares of ProShares Bitcoin & Ether Market Cap Weight ETF in the 2nd quarter worth approximately $59,000. Finally, Orion Porfolio Solutions LLC purchased a new stake in shares of ProShares Bitcoin & Ether Market Cap Weight ETF in the 2nd quarter worth approximately $341,000.

ProShares Bitcoin & Ether Market Cap Weight ETF Price Performance

ProShares Bitcoin & Ether Market Cap Weight ETF stock opened at $36.70 on Tuesday. ProShares Bitcoin & Ether Market Cap Weight ETF has a 1 year low of $32.56 and a 1 year high of $92.84. The firm has a 50-day moving average of $41.11 and a two-hundred day moving average of $44.81.

About ProShares Bitcoin & Ether Market Cap Weight ETF

(Get Free Report)

The ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages a market cap-weighted portfolio of front-month CME Bitcoin and Ether futures contracts. It does not invest directly in bitcoin or ether. BETH was launched on Oct 2, 2023 and is issued by ProShares.

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