Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG) Short Interest Down 83.6% in June

by · The Cerbat Gem

Grayscale Ethereum Classic Trust (ETC) (OTCMKTS:ETCG – Get Free Report) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 282 shares, a decline of 83.6% from the June 15th total of 1,719 shares. Based on an average daily volume of 31,212 shares, the days-to-cover ratio is currently 0.0 days.

Grayscale Ethereum Classic Trust (ETC) Price Performance

ETCG traded down $0.11 during trading on Monday, reaching $3.85. The stock had a trading volume of 6,522 shares, compared to its average volume of 35,120. The stock’s 50 day moving average is $4.17 and its two-hundred day moving average is $4.87. Grayscale Ethereum Classic Trust has a one year low of $3.55 and a one year high of $12.79.

Grayscale Ethereum Classic Trust (ETC) Company Profile

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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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