Grayscale Solana Trust ETF (NYSEARCA:GSOL) Short Interest Update

Grayscale Solana Trust ETF (NYSEARCA:GSOL) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 538,329 shares, a decrease of 63.2% from the May 31st total of 1,461,853 shares. Currently, 103.5% of the shares of the stock are short sold. Based on an average trading volume of 5,105,866 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Grayscale Solana Trust ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Balboa Wealth Partners acquired a new position in shares of Grayscale Solana Trust ETF during the 4th quarter worth approximately $138,000. Commonwealth Equity Services LLC acquired a new stake in shares of Grayscale Solana Trust ETF in the fourth quarter valued at approximately $148,000. Goldman Sachs Group Inc. acquired a new stake in shares of Grayscale Solana Trust ETF in the fourth quarter valued at approximately $35,744,000. Haven Private LLC purchased a new position in Grayscale Solana Trust ETF during the fourth quarter worth approximately $459,000. Finally, StoneX Group Inc. purchased a new position in Grayscale Solana Trust ETF during the fourth quarter worth approximately $222,000. 11.78% of the stock is currently owned by institutional investors and hedge funds.

Grayscale Solana Trust ETF Stock Up 10.7%

GSOL opened at $5.49 on Friday. Grayscale Solana Trust ETF has a 52-week low of $4.61 and a 52-week high of $22.98. The firm’s fifty day simple moving average is $5.99 and its two-hundred day simple moving average is $7.15.

About Grayscale Solana Trust ETF

Global Sources Ltd. is a business-to-business (B2B) media company that provides information and integrated marketing services, with a particular focus on the Greater China market. The Company, together with its subsidiaries, provides services that allow global buyers to identify suppliers and products, and enable suppliers to market their products to a number of buyers. Its segments include Exhibitions, Online and other Media Services, and All Other segments. It has presence across a range of industry sectors, including electronics, fashion accessories, hardware and gifts.