Franklin Bitcoin ETF (BATS:EZBC) Short Interest Update

Franklin Bitcoin ETF (BATS:EZBC) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 223,385 shares, a growth of 255.3% from the July 30th total of 62,864 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average trading volume of 143,077 shares, the short-interest ratio is currently 1.6 days.

Institutional Investors Weigh In On Franklin Bitcoin ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Franklin Bitcoin ETF during the 4th quarter valued at approximately $808,000. Meitav Investment House Ltd. grew its position in shares of Franklin Bitcoin ETF by 45.1% during the first quarter. Meitav Investment House Ltd. now owns 81,605 shares of the company’s stock worth $3,198,000 after buying an additional 25,357 shares in the last quarter. Sanctuary Advisors LLC increased its stake in shares of Franklin Bitcoin ETF by 24.4% in the first quarter. Sanctuary Advisors LLC now owns 80,314 shares of the company’s stock worth $3,148,000 after buying an additional 15,770 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Franklin Bitcoin ETF by 11.0% in the first quarter. Cetera Investment Advisers now owns 157,303 shares of the company’s stock worth $6,165,000 after buying an additional 15,632 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Franklin Bitcoin ETF in the fourth quarter worth $760,000.

Franklin Bitcoin ETF Trading Down 3.0%

BATS:EZBC opened at $44.79 on Friday. Franklin Bitcoin ETF has a one year low of $33.50 and a one year high of $73.16. The business’s 50-day simple moving average is $37.79 and its 200 day simple moving average is $39.99.

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.