iShares Ethereum Trust ETF (NASDAQ:ETHA) Short Interest Update

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the recipient of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 16,701,745 shares, a decrease of 21.6% from the February 12th total of 21,305,091 shares. Currently, 9.3% of the shares of the company are sold short. Based on an average daily volume of 25,539,096 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 25,539,096 shares, the days-to-cover ratio is currently 0.7 days. Currently, 9.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ETHA. Schonfeld Strategic Advisors LLC boosted its holdings in iShares Ethereum Trust ETF by 141.9% during the third quarter. Schonfeld Strategic Advisors LLC now owns 10,712,591 shares of the company’s stock valued at $337,554,000 after acquiring an additional 6,283,778 shares during the period. Capula Management Ltd lifted its position in shares of iShares Ethereum Trust ETF by 65.6% during the 3rd quarter. Capula Management Ltd now owns 8,868,485 shares of the company’s stock worth $279,446,000 after purchasing an additional 3,513,685 shares during the last quarter. Farallon Capital Management LLC acquired a new position in shares of iShares Ethereum Trust ETF during the 3rd quarter worth about $234,773,000. Harvard Management Co. Inc. bought a new stake in iShares Ethereum Trust ETF during the 4th quarter valued at approximately $86,824,000. Finally, Macquarie Group Ltd. boosted its stake in iShares Ethereum Trust ETF by 182.4% during the 4th quarter. Macquarie Group Ltd. now owns 3,633,670 shares of the company’s stock valued at $81,503,000 after purchasing an additional 2,347,070 shares during the period.

iShares Ethereum Trust ETF Trading Up 1.7%

Shares of NASDAQ:ETHA traded up $0.26 during trading on Friday, reaching $15.89. The stock had a trading volume of 46,588,856 shares, compared to its average volume of 44,205,434. The stock has a fifty day simple moving average of $18.52 and a two-hundred day simple moving average of $24.55. iShares Ethereum Trust ETF has a 52 week low of $10.99 and a 52 week high of $36.80.

iShares Ethereum Trust ETF Company Profile

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.