Franklin Bitcoin ETF (BATS:EZBC – Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 45,907 shares, an increase of 195.7% from the May 31st total of 15,527 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 250,995 shares, the short-interest ratio is currently 0.2 days.
Hedge Funds Weigh In On Franklin Bitcoin ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC raised its position in Franklin Bitcoin ETF by 108.1% in the first quarter. NewEdge Advisors LLC now owns 793 shares of the company’s stock worth $31,000 after purchasing an additional 412 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Franklin Bitcoin ETF in the 2nd quarter valued at approximately $31,000. Semmax Financial Advisors Inc. raised its holdings in shares of Franklin Bitcoin ETF by 42.2% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 519 shares of the company’s stock worth $35,000 after buying an additional 154 shares in the last quarter. Caitlin John LLC acquired a new position in shares of Franklin Bitcoin ETF in the 3rd quarter worth approximately $38,000. Finally, Greenline Wealth Management LLC bought a new position in shares of Franklin Bitcoin ETF during the 4th quarter worth approximately $46,000.
Franklin Bitcoin ETF Stock Performance
Shares of BATS EZBC opened at $34.46 on Friday. Franklin Bitcoin ETF has a one year low of $33.50 and a one year high of $73.16. The business has a fifty day simple moving average of $41.59 and a 200 day simple moving average of $44.07.
About Franklin Bitcoin ETF
The Franklin Bitcoin ETF (EZBC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to replicate the performance of Bitcoin using a Benchmark Rate to determine its value. The fund does not directly invest in Bitcoin EZBC was launched on Jan 11, 2024 and is issued by Franklin Templeton.
Featured Articles
- Five stocks we like better than Franklin Bitcoin ETF
- Capri’s Turnaround Is Taking Shape, But Is the Stock a Buy Yet?
- SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
- 3 Waste Stocks Turning AI Investments into Growth
Receive News & Ratings for Franklin Bitcoin ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Bitcoin ETF and related companies with MarketBeat.com's FREE daily email newsletter.
