Short Interest in iShares Ethereum Trust ETF (NASDAQ:ETHA) Rises By 37.0%

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 13,452,690 shares, a growth of 37.0% from the December 15th total of 9,822,189 shares. Based on an average daily volume of 33,775,413 shares, the short-interest ratio is currently 0.4 days. Currently, 7.5% of the company’s shares are short sold. Currently, 7.5% of the company’s shares are short sold. Based on an average daily volume of 33,775,413 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On iShares Ethereum Trust ETF

Several hedge funds have recently bought and sold shares of ETHA. Private Wealth Management Group LLC acquired a new position in iShares Ethereum Trust ETF in the 3rd quarter valued at about $26,000. Atlantic Union Bankshares Corp purchased a new position in shares of iShares Ethereum Trust ETF in the third quarter valued at approximately $26,000. Activest Wealth Management grew its holdings in shares of iShares Ethereum Trust ETF by 252.7% in the third quarter. Activest Wealth Management now owns 864 shares of the company’s stock valued at $27,000 after purchasing an additional 619 shares in the last quarter. KERR FINANCIAL PLANNING Corp purchased a new stake in iShares Ethereum Trust ETF during the 3rd quarter worth approximately $28,000. Finally, Princeton Global Asset Management LLC acquired a new stake in iShares Ethereum Trust ETF during the 3rd quarter worth approximately $31,000.

iShares Ethereum Trust ETF Stock Up 0.2%

NASDAQ ETHA traded up $0.05 on Friday, reaching $24.88. The stock had a trading volume of 28,958,231 shares, compared to its average volume of 38,844,113. The stock has a fifty day moving average price of $23.24 and a two-hundred day moving average price of $27.49. iShares Ethereum Trust ETF has a 12-month low of $10.99 and a 12-month high of $36.80.

iShares Ethereum Trust ETF Company Profile

The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.