Franklin Ethereum ETF (BATS:EZET) Short Interest Update

Franklin Ethereum ETF (BATS:EZET) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 10,865 shares, a decline of 78.2% from the May 14th total of 49,729 shares. Based on an average daily trading volume, of 49,003 shares, the short-interest ratio is currently 0.2 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EZET. Jane Street Group LLC increased its position in shares of Franklin Ethereum ETF by 370.0% in the second quarter. Jane Street Group LLC now owns 134,608 shares of the company’s stock valued at $2,575,000 after buying an additional 105,969 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Franklin Ethereum ETF in the fourth quarter valued at approximately $1,885,000. FAS Wealth Partners Inc. increased its position in shares of Franklin Ethereum ETF by 15.9% in the fourth quarter. FAS Wealth Partners Inc. now owns 34,680 shares of the company’s stock valued at $781,000 after buying an additional 4,750 shares in the last quarter. Finally, Meitav Investment House Ltd. increased its position in shares of 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.

Franklin Ethereum ETF Stock Down 1.6%

EZET opened at $12.56 on Wednesday. Franklin Ethereum ETF has a fifty-two week low of $11.70 and a fifty-two week high of $36.88. The company has a fifty day moving average of $16.33 and a two-hundred day moving average of $18.58.

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.