Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG – Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 2,699 shares, a growth of 857.1% from the August 15th total of 282 shares. Based on an average daily volume of 78,830 shares, the days-to-cover ratio is currently 0.0 days.
Grayscale Ethereum Classic Trust (ETC) Stock Performance
Shares of ETCG stock opened at $4.10 on Friday. Grayscale Ethereum Classic Trust has a 1-year low of $3.05 and a 1-year high of $11.51. The stock’s fifty day moving average price is $3.68 and its 200 day moving average price is $4.13.
Grayscale Ethereum Classic Trust (ETC) Company Profile
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.
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