Franklin Ethereum ETF (BATS:EZET) Sees Significant Decrease in Short Interest

Franklin Ethereum ETF (BATS:EZET) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 994 shares, a drop of 75.4% from the August 31st total of 4,041 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 85,356 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Franklin Ethereum ETF

A hedge fund recently raised its position in Franklin Ethereum ETF stock. Meitav Investment House Ltd. lifted its holdings in shares of Franklin Ethereum ETF (BATS:EZET) by 10.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,848 shares of the company’s stock after buying an additional 5,205 shares during the period. Meitav Investment House Ltd. owned about 2.86% of Franklin Ethereum ETF worth $840,000 at the end of the most recent quarter.

Franklin Ethereum ETF Trading Up 0.0%

BATS EZET opened at $20.42 on Friday. The firm’s 50 day moving average is $16.91 and its 200-day moving average is $15.87. Franklin Ethereum ETF has a 12-month low of $11.62 and a 12-month high of $36.15.

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.