Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) Sees Significant Increase in Short Interest

Bitwise Bitcoin Standard Corporations ETF (NYSEARCA:OWNB) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 21,653 shares, a growth of 54.2% from the January 29th total of 14,043 shares. Based on an average daily trading volume, of 18,902 shares, the short-interest ratio is presently 1.1 days. Approximately 1.9% of the shares of the company are short sold. Approximately 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 18,902 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On Bitwise Bitcoin Standard Corporations ETF

A number of large investors have recently bought and sold shares of OWNB. Ankerstar Wealth LLC bought a new stake in Bitwise Bitcoin Standard Corporations ETF in the fourth quarter valued at approximately $40,000. Brookwood Investment Group LLC purchased a new position in shares of Bitwise Bitcoin Standard Corporations ETF in the third quarter worth $233,000. Envestnet Asset Management Inc. bought a new stake in Bitwise Bitcoin Standard Corporations ETF during the 3rd quarter valued at $934,000. Jane Street Group LLC purchased a new stake in Bitwise Bitcoin Standard Corporations ETF during the 2nd quarter valued at $1,085,000. Finally, Citadel Advisors LLC purchased a new stake in Bitwise Bitcoin Standard Corporations ETF during the 3rd quarter valued at $1,245,000.

Bitwise Bitcoin Standard Corporations ETF Stock Down 2.2%

OWNB stock opened at $18.01 on Friday. The business has a 50 day moving average of $21.55 and a 200-day moving average of $27.31. Bitwise Bitcoin Standard Corporations ETF has a 12-month low of $16.74 and a 12-month high of $39.00. The firm has a market cap of $20.71 million, a PE ratio of 20.01 and a beta of 5.30.

About Bitwise Bitcoin Standard Corporations ETF

The Bitwise Bitcoin Standard Corporations ETF (OWNB) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.