Short Interest in Grayscale Solana Trust ETF (NYSEARCA:GSOL) Expands By 48.9%

Grayscale Solana Trust ETF (NYSEARCA:GSOLGet Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,604,054 shares, a growth of 48.9% from the July 15th total of 1,077,175 shares. Based on an average daily trading volume, of 4,446,548 shares, the days-to-cover ratio is currently 0.4 days. Currently, 9.7% of the company’s shares are sold short.

Grayscale Solana Trust ETF Price Performance

GSOL opened at $6.25 on Thursday. The stock’s 50-day moving average price is $5.64 and its 200 day moving average price is $6.11. Grayscale Solana Trust ETF has a 12-month low of $4.61 and a 12-month high of $22.98.

Institutional Trading of Grayscale Solana Trust ETF

Several hedge funds have recently made changes to their positions in the business. Blackhawk Capital Partners LLC acquired a new position in shares of Grayscale Solana Trust ETF in the first quarter valued at approximately $62,000. Ascentis Independent Advisors purchased a new stake in Grayscale Solana Trust ETF during the 1st quarter worth approximately $80,000. LCM Capital Management Inc acquired a new stake in Grayscale Solana Trust ETF during the 4th quarter worth approximately $102,000. Aries Wealth Management acquired a new stake in Grayscale Solana Trust ETF during the 4th quarter worth approximately $104,000. Finally, Mariner LLC purchased a new position in Grayscale Solana Trust ETF in the 4th quarter valued at approximately $108,000. Institutional investors and hedge funds own 11.78% of the company’s stock.

Grayscale Solana Trust ETF Company Profile

(Get Free Report)

Global Sources Ltd. is a business-to-business (B2B) media company that provides information and integrated marketing services, with a particular focus on the Greater China market. The Company, together with its subsidiaries, provides services that allow global buyers to identify suppliers and products, and enable suppliers to market their products to a number of buyers. Its segments include Exhibitions, Online and other Media Services, and All Other segments. It has presence across a range of industry sectors, including electronics, fashion accessories, hardware and gifts.

Further Reading

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