Franklin Bitcoin ETF (BATS:EZBC) Short Interest Update

Franklin Bitcoin ETF (BATS:EZBC) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 34,954 shares, a decrease of 70.0% from the April 15th total of 116,479 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 126,893 shares, the short-interest ratio is currently 0.3 days.

Franklin Bitcoin ETF Stock Down 1.5%

Shares of EZBC stock opened at $46.69 on Wednesday. The business’s fifty day simple moving average is $42.22 and its 200-day simple moving average is $48.02. Franklin Bitcoin ETF has a 12-month low of $36.00 and a 12-month high of $73.16.

Hedge Funds Weigh In On Franklin Bitcoin ETF

Several hedge funds have recently made changes to their positions in EZBC. Raymond James Financial Inc. acquired a new position in shares of Franklin Bitcoin ETF in the 2nd quarter valued at $31,000. Semmax Financial Advisors Inc. increased its position in shares of Franklin Bitcoin ETF by 42.2% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 519 shares of the company’s stock valued at $35,000 after acquiring an additional 154 shares during the period. Caitlin John LLC acquired a new position in shares of Franklin Bitcoin ETF in the 3rd quarter valued at $38,000. Greenline Wealth Management LLC acquired a new position in shares of Franklin Bitcoin ETF in the 4th quarter valued at $46,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in shares of Franklin Bitcoin ETF in the 1st quarter valued at $49,000.

About Franklin Bitcoin ETF

The Franklin Bitcoin ETF (EZBC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to replicate the performance of Bitcoin using a Benchmark Rate to determine its value. The fund does not directly invest in Bitcoin EZBC was launched on Jan 11, 2024 and is issued by Franklin Templeton.