Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,419 shares, an increase of 387.7% from the August 15th total of 496 shares. Based on an average daily volume of 3,803 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the company’s shares are short sold.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new stake in shares of Bitwise Bitcoin Standard Corporations ETF in the second quarter worth approximately $1,085,000. Orion Porfolio Solutions LLC purchased a new position in Bitwise Bitcoin Standard Corporations ETF during the 2nd quarter valued at $1,794,000. Citadel Advisors LLC bought a new position in Bitwise Bitcoin Standard Corporations ETF in the 3rd quarter valued at $1,245,000. Finally, Ankerstar Wealth LLC bought a new position in Bitwise Bitcoin Standard Corporations ETF in the 4th quarter valued at $40,000.
Bitwise Bitcoin Standard Corporations ETF Stock Up 2.0%
NYSEARCA:OWNB traded up $0.42 during mid-day trading on Friday, hitting $20.95. 1,025 shares of the stock traded hands, compared to its average volume of 10,463. Bitwise Bitcoin Standard Corporations ETF has a 52 week low of $15.07 and a 52 week high of $39.00. The stock has a market capitalization of $17.39 million, a price-to-earnings ratio of 20.01 and a beta of 3.21. The firm’s 50 day moving average is $18.50 and its two-hundred day moving average is $19.20.
Bitwise Bitcoin Standard Corporations ETF Company Profile
The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.
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