Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 282 shares, a decline of 82.8% from the September 30th total of 1,635 shares. Based on an average trading volume of 43,107 shares, the days-to-cover ratio is currently 0.0 days.
Grayscale Ethereum Classic Trust (ETC) Trading Down 2.4%
ETCG stock opened at $3.67 on Tuesday. Grayscale Ethereum Classic Trust has a 1-year low of $3.05 and a 1-year high of $10.00. The firm has a fifty day moving average price of $4.07 and a two-hundred day moving average price of $4.40.
About Grayscale Ethereum Classic Trust (ETC)
Grayscale Ethereum Classic Trust (ETC) is an investment vehicle designed to provide investors with exposure to Ethereum Classic (ETC), a digital asset associated with the Ethereum Classic blockchain. The trust holds Ethereum Classic and issues shares intended to represent a fractional beneficial interest in its assets.
The trust is sponsored by Grayscale Investments, LLC, a digital asset investment management company. Rather than operating a conventional business or providing products and services to customers, Grayscale Ethereum Classic Trust is structured to offer an investment product whose performance is generally linked to the value of the Ethereum Classic it holds, less applicable expenses and liabilities.
Shares of the trust trade on the over-the-counter market in the United States under the symbol ETCG.
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