Franklin Bitcoin ETF (BATS:EZBC) Shares Shorted: Short Interest Down 73.5% in October

Franklin Bitcoin ETF (BATS:EZBC – Get Free Report) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 65,603 shares, a drop of 73.5% from the October 15th total of 247,118 shares. Based on an average daily volume of 149,789 shares, the short-interest ratio is currently 0.4 days. Approximately 0.7% of the shares of the stock are short sold.

Institutional Trading of Franklin Bitcoin ETF

Large investors have recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new position in shares of Franklin Bitcoin ETF in the third quarter valued at about $3,184,000. Convergence Financial LLC acquired a new position in Franklin Bitcoin ETF during the 3rd quarter worth about $1,395,000. Sanctuary Advisors LLC grew its holdings in Franklin Bitcoin ETF by 24.4% during the 1st quarter. Sanctuary Advisors LLC now owns 80,314 shares of the company’s stock worth $3,148,000 after acquiring an additional 15,770 shares during the last quarter. Cetera Investment Advisers increased its position in Franklin Bitcoin ETF by 11.0% in the 1st quarter. Cetera Investment Advisers now owns 157,303 shares of the company’s stock valued at $6,165,000 after acquiring an additional 15,632 shares in the last quarter. Finally, Avior Wealth Management LLC bought a new position in shares of Franklin Bitcoin ETF in the third quarter worth about $300,000.

Franklin Bitcoin ETF Trading Down 4.4%

Shares of EZBC opened at $41.20 on Friday. The stock has a fifty day moving average price of $46.54 and a two-hundred day moving average price of $42.03. Franklin Bitcoin ETF has a 52-week low of $33.50 and a 52-week high of $59.80.

Franklin Bitcoin ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Franklin Bitcoin ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Bitcoin ETF and related companies with MarketBeat.com's FREE daily email newsletter.