ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH) Stock Short Interest Declines 47.8%

ProShares Bitcoin & Ether Market Cap Weight ETF (NYSEARCA:BETH – Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 472 shares, a drop of 47.8% from the September 30th total of 904 shares. Based on an average daily volume of 856 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the stock are short sold.

ProShares Bitcoin & Ether Market Cap Weight ETF Trading Down 4.9%

Shares of ProShares Bitcoin & Ether Market Cap Weight ETF stock traded down $2.17 during trading on Friday, hitting $41.76. 253 shares of the company were exchanged, compared to its average volume of 2,842. ProShares Bitcoin & Ether Market Cap Weight ETF has a fifty-two week low of $31.89 and a fifty-two week high of $75.51. The firm has a 50 day moving average price of $44.77 and a 200 day moving average price of $41.03.

ProShares Bitcoin & Ether Market Cap Weight ETF Company Profile

(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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