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

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 13,452,690 shares, an increase of 37.0% from the December 15th total of 9,822,189 shares. Based on an average daily trading volume, of 33,775,413 shares, the short-interest ratio is currently 0.4 days. Approximately 7.5% of the company’s shares are short sold. Approximately 7.5% of the company’s shares are short sold. Based on an average daily trading volume, of 33,775,413 shares, the short-interest ratio is currently 0.4 days.

iShares Ethereum Trust ETF Stock Up 0.2%

Shares of ETHA stock traded up $0.05 during trading on Friday, hitting $24.88. 28,958,231 shares of the stock traded hands, compared to its average volume of 38,844,113. iShares Ethereum Trust ETF has a 52-week low of $10.99 and a 52-week high of $36.80. The firm’s fifty day moving average price is $23.24 and its 200-day moving average price is $27.49.

Hedge Funds Weigh In On iShares Ethereum Trust ETF

Several large investors have recently modified their holdings of the business. Fountainhead AM LLC increased its position in shares of iShares Ethereum Trust ETF by 0.7% during the 2nd quarter. Fountainhead AM LLC now owns 57,690 shares of the company’s stock worth $1,100,000 after purchasing an additional 417 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake in iShares Ethereum Trust ETF by 9.6% during the third quarter. Cornerstone Planning Group LLC now owns 5,181 shares of the company’s stock worth $163,000 after buying an additional 455 shares during the period. J. Safra Sarasin Holding AG increased its position in shares of iShares Ethereum Trust ETF by 1.7% during the fourth quarter. J. Safra Sarasin Holding AG now owns 34,275 shares of the company’s stock valued at $769,000 after acquiring an additional 575 shares during the last quarter. Advance Capital Management Inc. increased its position in shares of iShares Ethereum Trust ETF by 5.3% during the fourth quarter. Advance Capital Management Inc. now owns 12,145 shares of the company’s stock valued at $272,000 after acquiring an additional 616 shares during the last quarter. Finally, Activest Wealth Management raised its stake in shares of iShares Ethereum Trust ETF by 252.7% in the 3rd quarter. Activest Wealth Management now owns 864 shares of the company’s stock valued at $27,000 after acquiring an additional 619 shares during the period.

About iShares Ethereum Trust ETF

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.