Franklin Ethereum ETF (BATS:EZET – Get Free Report) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 41,612 shares, a drop of 51.5% from the April 15th total of 85,811 shares. Based on an average daily volume of 68,641 shares, the short-interest ratio is currently 0.6 days. Currently, 2.2% of the shares of the company are short sold.
Franklin Ethereum ETF Trading Down 3.3%
Shares of BATS:EZET opened at $16.83 on Friday. Franklin Ethereum ETF has a 52-week low of $13.68 and a 52-week high of $36.88. The company has a 50-day simple moving average of $16.76 and a 200 day simple moving average of $20.00.
Institutional Investors Weigh In On Franklin Ethereum ETF
Hedge funds have recently bought and sold shares of the stock. FAS Wealth Partners Inc. acquired a new stake in Franklin Ethereum ETF during the third quarter worth approximately $945,000. Meitav Investment House Ltd. acquired a new stake in Franklin Ethereum ETF during the third quarter worth approximately $1,343,000. Cetera Investment Advisers acquired a new stake in Franklin Ethereum ETF during the fourth quarter worth approximately $1,885,000. Finally, Jane Street Group LLC lifted its position in Franklin Ethereum ETF by 370.0% during the second quarter. Jane Street Group LLC now owns 134,608 shares of the company’s stock worth $2,575,000 after acquiring an additional 105,969 shares during the last quarter.
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.
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