Franklin Bitcoin ETF (BATS:EZBC) Short Interest Update

Franklin Bitcoin ETF (BATS:EZBC) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 178,527 shares, a growth of 54.8% from the August 31st total of 115,306 shares. Based on an average daily volume of 179,182 shares, the short-interest ratio is currently 1.0 days. Currently, 2.0% of the company’s shares are sold short.

Franklin Bitcoin ETF Trading Down 0.4%

EZBC opened at $48.70 on Friday. The firm’s fifty day moving average is $42.98 and its two-hundred day moving average is $41.23. Franklin Bitcoin ETF has a twelve month low of $33.50 and a twelve month high of $73.16.

Institutional Trading of Franklin Bitcoin ETF

Hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Franklin Bitcoin ETF in the fourth quarter worth about $808,000. Sanctuary Advisors LLC lifted its holdings in shares of Franklin Bitcoin ETF by 24.4% during the 1st quarter. Sanctuary Advisors LLC now owns 80,314 shares of the company’s stock valued at $3,148,000 after purchasing an additional 15,770 shares in the last quarter. Meitav Investment House Ltd. lifted its holdings in shares of Franklin Bitcoin ETF by 45.1% during the 1st quarter. Meitav Investment House Ltd. now owns 81,605 shares of the company’s stock valued at $3,198,000 after purchasing an additional 25,357 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Franklin Bitcoin ETF by 11.0% in the 1st quarter. Cetera Investment Advisers now owns 157,303 shares of the company’s stock valued at $6,165,000 after purchasing an additional 15,632 shares during the period. Finally, First Financial Group Corp grew its position in shares of Franklin Bitcoin ETF by 15.1% in the 1st quarter. First Financial Group Corp now owns 5,834 shares of the company’s stock valued at $229,000 after purchasing an additional 765 shares during the period.

Franklin Bitcoin ETF Company Profile

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.