Bitwise MARA Option Income Strategy ETF (NYSEARCA:IMRA) Director Sells 158,795 Shares

Bitwise MARA Option Income Strategy ETF (NYSEARCA:IMRA – Get Free Report) Director Mika Derynck sold 158,795 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $60.21, for a total transaction of $9,561,046.95. Following the completion of the sale, the director directly owned 87,373 shares of the company’s stock, valued at approximately $5,260,728.33. The trade was a 64.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bitwise MARA Option Income Strategy ETF Stock Performance

Shares of NYSEARCA IMRA remained flat at $14.59 during midday trading on Thursday. The stock had a trading volume of 2,981 shares, compared to its average volume of 4,858. Bitwise MARA Option Income Strategy ETF has a 12-month low of $11.99 and a 12-month high of $42.32. The firm has a market capitalization of $1.90 million, a price-to-earnings ratio of 291.80 and a beta of 2.74. The business’s 50-day moving average price is $16.10 and its 200 day moving average price is $15.36.

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About Bitwise MARA Option Income Strategy ETF

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IMARA Inc, a clinical-stage biopharmaceutical company, develops and commercializes therapeutics for patients with rare genetic disorders of hemoglobin. Its lead product candidate is IMR-687, an oral and once-a-day therapeutic that is in Phase 2b clinical trials for the treatment of sickle cell disease and ß-thalassemia. The company also develops IMR-261, an oral and clinical-ready activator of nuclear factor erythroid 2–related factor 2 for the treatment of hemoglobinopathies, iron disorders, and potentially other areas.

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