Franklin Ethereum ETF (BATS:EZET) Shares Shorted: Short Interest Down 82.8% in October

Franklin Ethereum ETF (BATS:EZET) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 241 shares, a drop of 82.8% from the September 30th total of 1,400 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 32,493 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Franklin Ethereum ETF stock. Meitav Investment House Ltd. grew its stake in Franklin Ethereum ETF (BATS:EZET) by 10.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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 2.86% of Franklin Ethereum ETF worth $840,000 at the end of the most recent quarter.

Franklin Ethereum ETF Stock Up 1.3%

Shares of Franklin Ethereum ETF stock opened at $17.75 on Wednesday. The company has a 50 day moving average price of $18.90 and a 200 day moving average price of $16.76. Franklin Ethereum ETF has a 52 week low of $11.62 and a 52 week high of $31.69.

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.