Franklin Crypto Index ETF (BATS:EZPZ) Sees Large Decline in Short Interest

Franklin Crypto Index ETF (BATS:EZPZ) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 13,589 shares, a decline of 76.4% from the July 15th total of 57,470 shares. Approximately 9.1% of the shares of the stock are sold short. Based on an average trading volume of 8,586 shares, the days-to-cover ratio is currently 1.6 days.

Franklin Crypto Index ETF Stock Up 0.2%

Shares of BATS EZPZ opened at $15.75 on Friday. Franklin Crypto Index ETF has a 12-month low of $14.40 and a 12-month high of $33.77. The company has a 50-day moving average of $15.71 and a 200 day moving average of $17.52.

Institutional Investors Weigh In On Franklin Crypto Index ETF

Large investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC increased its holdings in shares of Franklin Crypto Index ETF by 129.1% in the fourth quarter. Sanctuary Advisors LLC now owns 38,560 shares of the company’s stock valued at $873,000 after purchasing an additional 21,727 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Franklin Crypto Index ETF in the 3rd quarter worth $1,042,000. Jane Street Group LLC acquired a new stake in shares of Franklin Crypto Index ETF in the 4th quarter worth $436,000. HB Wealth Management LLC acquired a new stake in shares of Franklin Crypto Index ETF in the 4th quarter worth $390,000. Finally, Bank of America Corp DE purchased a new position in shares of Franklin Crypto Index ETF during the 2nd quarter worth $128,000.

About Franklin Crypto Index ETF

The Franklin Crypto Index ETF (EZPZ) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund tracks a cryptocurrency index, offering exposure to leading digital assets like Bitcoin and Ethereum. The fund aims to reflect the performance of a key segment of the crypto market EZPZ was launched on Feb 20, 2025 and is issued by Franklin Templeton.