VanEck Ethereum ETF (BATS:ETHV) Short Interest Down 66.9% in July

VanEck Ethereum ETF (BATS:ETHVGet Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 13,333 shares, a decrease of 66.9% from the June 30th total of 40,314 shares. Based on an average trading volume of 37,224 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Trading of VanEck Ethereum ETF

A number of large investors have recently bought and sold shares of ETHV. Larson Financial Group LLC boosted its holdings in shares of VanEck Ethereum ETF by 196.6% in the fourth quarter. Larson Financial Group LLC now owns 24,636 shares of the company’s stock valued at $1,070,000 after buying an additional 16,331 shares during the period. Cedar Wealth Management LLC bought a new stake in VanEck Ethereum ETF in the 4th quarter valued at $26,000. Quadcap Wealth Management LLC boosted its stake in VanEck Ethereum ETF by 36.8% in the 4th quarter. Quadcap Wealth Management LLC now owns 51,131 shares of the company’s stock worth $2,221,000 after purchasing an additional 13,753 shares during the period. Revisor Wealth Management LLC increased its holdings in VanEck Ethereum ETF by 21.6% during the 4th quarter. Revisor Wealth Management LLC now owns 5,718 shares of the company’s stock worth $246,000 after purchasing an additional 1,016 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of VanEck Ethereum ETF in the 3rd quarter valued at about $3,455,000.

VanEck Ethereum ETF Price Performance

Shares of BATS ETHV opened at $27.20 on Monday. VanEck Ethereum ETF has a 1-year low of $22.40 and a 1-year high of $71.17. The company has a 50-day moving average of $26.56 and a two-hundred day moving average of $31.55.

About VanEck Ethereum ETF

(Get Free Report)

The VanEck Ethereum ETF (ETHV) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund provides passive exposure to the price of ether (ETH) less expenses and other liabilities. The shares allow investors to track the performance of ether, without directly owning and managing the digital currency. ETHV was launched on Jun 25, 2024 and is issued by VanEck.

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