Short Interest in iShares Ethereum Trust ETF (NASDAQ:ETHA) Expands By 42.9%

iShares Ethereum Trust ETF (NASDAQ:ETHAGet Free Report) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 21,305,091 shares, a growth of 42.9% from the January 29th total of 14,909,655 shares. Currently, 11.8% of the shares of the stock are short sold. Based on an average trading volume of 62,645,621 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 62,645,621 shares, the short-interest ratio is currently 0.3 days. Currently, 11.8% of the shares of the stock are short sold.

iShares Ethereum Trust ETF Stock Up 5.7%

NASDAQ ETHA traded up $0.83 during trading on Monday, hitting $15.35. The stock had a trading volume of 44,116,200 shares, compared to its average volume of 44,756,289. iShares Ethereum Trust ETF has a one year low of $10.99 and a one year high of $36.80. The stock has a 50 day simple moving average of $19.90 and a 200 day simple moving average of $25.75.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Private Wealth Management Group LLC purchased a new position in iShares Ethereum Trust ETF in the third quarter valued at $26,000. Atlantic Union Bankshares Corp purchased a new position in iShares Ethereum Trust ETF during the third quarter valued at $26,000. Activest Wealth Management grew its position in shares of iShares Ethereum Trust ETF by 252.7% in the third quarter. Activest Wealth Management now owns 864 shares of the company’s stock valued at $27,000 after purchasing an additional 619 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares Ethereum Trust ETF during the 3rd quarter worth about $28,000. Finally, Princeton Global Asset Management LLC acquired a new stake in iShares Ethereum Trust ETF in the 3rd quarter worth about $31,000.

iShares Ethereum Trust ETF Company Profile

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The iShares Ethereum Trust ETF (ETHA) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Ether, less expenses and fees. ETHA was launched on Jul 24, 2024 and is issued by BlackRock.

Further Reading

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