Short Interest in Bitwise MARA Option Income Strategy ETF (NYSEARCA:IMRA) Rises By 76.6%

Bitwise MARA Option Income Strategy ETF (NYSEARCA:IMRA) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 23,987 shares, a growth of 76.6% from the December 31st total of 13,580 shares. Currently, 13.3% of the company’s shares are sold short. Based on an average daily trading volume, of 4,141 shares, the short-interest ratio is presently 5.8 days. Based on an average daily trading volume, of 4,141 shares, the short-interest ratio is presently 5.8 days. Currently, 13.3% of the company’s shares are sold short.

Bitwise MARA Option Income Strategy ETF Stock Down 2.9%

IMRA stock opened at $15.49 on Monday. The company has a market cap of $3.72 million, a P/E ratio of 309.80 and a beta of -6.67. Bitwise MARA Option Income Strategy ETF has a twelve month low of $14.47 and a twelve month high of $60.73. The business has a fifty day moving average of $17.56 and a 200-day moving average of $29.76.

Bitwise MARA Option Income Strategy ETF Company Profile

IMARA Inc, a clinical-stage biopharmaceutical company, develops and commercializes therapeutics for patients with rare genetic disorders of hemoglobin. Its lead product candidate is IMR-687, an oral and once-a-day therapeutic that is in Phase 2b clinical trials for the treatment of sickle cell disease and ß-thalassemia. The company also develops IMR-261, an oral and clinical-ready activator of nuclear factor erythroid 2–related factor 2 for the treatment of hemoglobinopathies, iron disorders, and potentially other areas.