Company Description
Bitwise GME Option Income Strategy ETF is an exchange-traded fund with the ticker IGME that belongs to Bitwise Asset Management's suite of Option Income Strategy ETFs. The fund is structured around an option income strategy and is included in Bitwise's monthly distribution announcements alongside other single-name or asset-linked option income funds.
IGME's public fund materials identify monthly distributions as a recurring feature of the strategy. Distribution announcements for the Bitwise Option Income Strategy ETF suite report per-share distributions, distribution rates, 30-day SEC yields, payment dates, return-of-capital classifications, and fund return information. The fund's economics are also described through expense disclosures, including a stated net expense ratio for the option income funds.
The fund's risk profile includes the use of derivative instruments. Bitwise's distribution materials state that derivatives can involve risks that differ from, or may be greater than, risks associated with direct investments in securities and other traditional investments. The materials also identify issuer-specific risk, reflecting the possibility that attributes of an individual security or security type may make a fund holding more volatile than the broader market.
IGME is therefore best described as a Bitwise option income ETF focused on GME-related exposure, monthly income distributions, derivatives-based strategy implementation, and issuer-specific risk disclosures. Its public company context is defined by the fund name, ticker, distribution reporting, option income strategy category, derivative-risk language, and Bitwise ETF suite association.
Stock Performance
Bitwise GME Option Income Strategy ETF (IGME) stock last traded at $22.68, down 1.34% from the previous close. Over the past 12 months, the stock has lost 52.4%.
Latest News
Bitwise GME Option Income Strategy ETF has 4 recent news articles. Of the recent coverage, 0 articles coincided with positive price movement and 4 with negative movement. View all IGME news →
SEC Filings
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Bitwise GME Option Income Strategy ETF (IGME) currently stands at 4.3 thousand shares, up 8.5% from the previous reporting period, representing 8.6% of the float. Over the past 12 months, short interest has increased by 113.8%.
Days to Cover History
Days to cover for Bitwise GME Option Income Strategy ETF (IGME) currently stands at 3.6 days, down 8.2% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 260% over the past year, indicating improving liquidity conditions. The ratio has shown significant volatility over the period, ranging from 1.0 to 5.1 days.