Short Interest in Franklin Crypto Index ETF (BATS:EZPZ) Expands By 77.5%

Franklin Crypto Index ETF (BATS:EZPZ) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 57,470 shares, a growth of 77.5% from the June 30th total of 32,376 shares. Currently, 38.3% of the company’s shares are short sold. Based on an average daily volume of 10,069 shares, the days-to-cover ratio is currently 5.7 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE purchased a new position in shares of Franklin Crypto Index ETF during the 2nd quarter valued at $128,000. HB Wealth Management LLC bought a new position in shares of Franklin Crypto Index ETF in the 4th quarter valued at approximately $390,000. Jane Street Group LLC bought a new position in shares of Franklin Crypto Index ETF in the fourth quarter valued at approximately $436,000. Sanctuary Advisors LLC raised its holdings in Franklin Crypto Index ETF by 129.1% in the 4th quarter. Sanctuary Advisors LLC now owns 38,560 shares of the company’s stock worth $873,000 after acquiring an additional 21,727 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of Franklin Crypto Index ETF during the 3rd quarter worth about $1,042,000.

Franklin Crypto Index ETF Price Performance

Franklin Crypto Index ETF stock opened at $16.10 on Friday. The firm’s 50 day simple moving average is $16.10 and its 200-day simple moving average is $18.11. Franklin Crypto Index ETF has a fifty-two week low of $14.40 and a fifty-two week high of $33.77.

About Franklin Crypto Index ETF

The Franklin Crypto Index ETF (EZPZ) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund tracks a cryptocurrency index, offering exposure to leading digital assets like Bitcoin and Ethereum. The fund aims to reflect the performance of a key segment of the crypto market EZPZ was launched on Feb 20, 2025 and is issued by Franklin Templeton.