Franklin Ethereum ETF (BATS:EZET) Short Interest Update

Franklin Ethereum ETF (BATS:EZET) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 10,865 shares, a decline of 78.2% from the May 14th total of 49,729 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 49,003 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Franklin Ethereum ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. FAS Wealth Partners Inc. increased its position in shares of Franklin Ethereum ETF by 15.9% during the fourth quarter. FAS Wealth Partners Inc. now owns 34,680 shares of the company’s stock worth $781,000 after purchasing an additional 4,750 shares in the last quarter. Meitav Investment House Ltd. increased its position in shares of Franklin Ethereum ETF by 10.9% during the first quarter. Meitav Investment House Ltd. now owns 52,848 shares of the company’s stock worth $840,000 after purchasing an additional 5,205 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Franklin Ethereum ETF during the fourth quarter worth approximately $1,885,000. Finally, Jane Street Group LLC increased its position in shares of Franklin Ethereum ETF by 370.0% during the second quarter. Jane Street Group LLC now owns 134,608 shares of the company’s stock worth $2,575,000 after purchasing an additional 105,969 shares in the last quarter.

Franklin Ethereum ETF Price Performance

EZET stock opened at $12.56 on Wednesday. The firm has a 50-day simple moving average of $16.33 and a 200-day simple moving average of $18.58. Franklin Ethereum ETF has a 52 week low of $11.70 and a 52 week high of $36.88.

Franklin Ethereum ETF Company Profile

The Franklin Ethereum ETF (EZET) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund seeks to replicate the performance of Ether using a Benchmark Rate to determine its value. The fund does not directly invest in Ether EZET was launched on Jul 23, 2024 and is issued by Franklin Templeton.