Investors Purchase High Volume of 2x Ether ETF Call Options (NYSEARCA:ETHU)

2x Ether ETF (NYSEARCA:ETHU) was the recipient of some unusual options trading activity on Tuesday. Stock investors acquired 32,597 call options on the stock. This is an increase of approximately 148% compared to the typical daily volume of 13,164 call options.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 2x Ether ETF stock. Silverleafe Capital Partners LLC acquired a new stake in shares of 2x Ether ETF (NYSEARCA:ETHU) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 70,442 shares of the company’s stock, valued at approximately $549,000.

2x Ether ETF Stock Down 15.8 %

Shares of ETHU stock traded down $0.66 on Tuesday, hitting $3.53. The company’s stock had a trading volume of 55,820,947 shares, compared to its average volume of 34,000,316. 2x Ether ETF has a fifty-two week low of $3.29 and a fifty-two week high of $16.16. The firm’s fifty day moving average price is $6.73 and its 200-day moving average price is $6.68.

2x Ether ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 16th were paid a $0.0029 dividend. The ex-dividend date was Monday, December 16th.

2x Ether ETF Company Profile

The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.