Franklin Ethereum ETF (BATS:EZET) Sees Significant Decline in Short Interest

Franklin Ethereum ETF (BATS:EZET) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 994 shares, a decrease of 75.4% from the August 31st total of 4,041 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 85,356 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Franklin Ethereum ETF

A hedge fund recently raised its stake in Franklin Ethereum ETF stock. Meitav Investment House Ltd. grew its position in shares of Franklin Ethereum ETF (BATS:EZET) by 10.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 52,848 shares of the company’s stock after buying an additional 5,205 shares during the quarter. Meitav Investment House Ltd. owned 2.86% of Franklin Ethereum ETF worth $840,000 as of its most recent filing with the SEC.

Franklin Ethereum ETF Stock Performance

Shares of BATS:EZET opened at $20.42 on Monday. Franklin Ethereum ETF has a twelve month low of $11.62 and a twelve month high of $36.15. The firm has a 50 day simple moving average of $16.91 and a 200-day simple moving average of $15.88.

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.