Franklin Ethereum ETF (BATS:EZET) Short Interest Down 81.1% in August

by · The Markets Daily

Franklin Ethereum ETF (BATS:EZET – Get Free Report) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 4,041 shares, a drop of 81.1% from the August 15th total of 21,380 shares. Based on an average daily volume of 57,011 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Jane Street Group LLC increased its position in Franklin Ethereum ETF by 370.0% during the 2nd quarter. Jane Street Group LLC now owns 134,608 shares of the company’s stock worth $2,575,000 after purchasing an additional 105,969 shares in the last quarter. Cetera Investment Advisers acquired a new stake in Franklin Ethereum ETF in the fourth quarter valued at approximately $1,885,000. Meitav Investment House Ltd. boosted its position in Franklin Ethereum ETF by 10.9% in the first quarter. Meitav Investment House Ltd. now owns 52,848 shares of the company’s stock valued at $840,000 after buying an additional 5,205 shares in the last quarter. Finally, FAS Wealth Partners Inc. grew its stake in shares of Franklin Ethereum ETF by 15.9% during the fourth quarter. FAS Wealth Partners Inc. now owns 34,680 shares of the company’s stock worth $781,000 after buying an additional 4,750 shares during the last quarter.

Franklin Ethereum ETF Stock Performance

Shares of EZET stock opened at $19.24 on Friday. Franklin Ethereum ETF has a twelve month low of $11.62 and a twelve month high of $36.15. The business has a fifty day simple moving average of $15.72 and a 200 day simple moving average of $15.55.

Franklin Ethereum ETF Company Profile

(Get Free Report)

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.

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