UltraShort Ether ETF (NYSEARCA:ETHD) Short Interest Down 25.8% in April

Posted by Stacy Sanders on Apr 29th, 2026

UltraShort Ether ETF (NYSEARCA:ETHD – Get Free Report) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totaling 87,503 shares, a drop of 25.8% from the March 31st total of 117,917 shares. Based on an average trading volume of 660,924 shares, the days-to-cover ratio is presently 0.1 days. Currently, 5.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ETHD. StoneX Group Inc. acquired a new position in UltraShort Ether ETF in the second quarter valued at $156,000. Group One Trading LLC acquired a new position in UltraShort Ether ETF in the third quarter valued at $172,000. Susquehanna International Group LLP boosted its holdings in UltraShort Ether ETF by 23.3% in the third quarter. Susquehanna International Group LLP now owns 135,198 shares of the company’s stock valued at $498,000 after acquiring an additional 25,540 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of UltraShort Ether ETF during the third quarter worth about $901,000. Finally, Jane Street Group LLC lifted its stake in shares of UltraShort Ether ETF by 184.2% during the second quarter. Jane Street Group LLC now owns 79,137 shares of the company’s stock worth $1,183,000 after purchasing an additional 51,295 shares in the last quarter.

UltraShort Ether ETF Price Performance

UltraShort Ether ETF stock traded up $3.02 during midday trading on Wednesday, reaching $53.45. The stock had a trading volume of 530,037 shares, compared to its average volume of 812,630. UltraShort Ether ETF has a twelve month low of $27.60 and a twelve month high of $469.22. The stock’s 50-day simple moving average is $64.21 and its 200 day simple moving average is $56.02.

About UltraShort Ether ETF

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The ProShares UltraShort Ether ETF (ETHD) is an exchange-traded fund that is based on the Bloomberg Ethereum index. The fund tracks -2x the daily price movements of an index that measures the price of Ether. It uses futures contracts to provide inverse exposure without directly investing in Ether ETHD was launched on Jun 7, 2024 and is issued by ProShares.