iShares Ethereum Trust ETF (NASDAQ:ETHA) Short Interest Up 42.9% in February

iShares Ethereum Trust ETF (NASDAQ:ETHA) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 21,305,091 shares, an increase of 42.9% from the January 29th total of 14,909,655 shares. Approximately 11.8% of the company’s stock are sold short. Based on an average daily volume of 62,645,621 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 62,645,621 shares, the short-interest ratio is currently 0.3 days. Approximately 11.8% of the company’s stock are sold short.

Institutional Trading of iShares Ethereum Trust ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ETHA. Colonial Trust Advisors acquired a new stake in shares of iShares Ethereum Trust ETF in the 4th quarter valued at about $25,000. Private Wealth Management Group LLC purchased a new stake in iShares Ethereum Trust ETF in the third quarter valued at approximately $26,000. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares Ethereum Trust ETF in the third quarter valued at approximately $26,000. Golden State Wealth Management LLC purchased a new position in shares of iShares Ethereum Trust ETF during the fourth quarter worth approximately $26,000. Finally, Activest Wealth Management increased its holdings 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.

iShares Ethereum Trust ETF Trading Down 3.3%

Shares of ETHA traded down $0.51 during mid-day trading on Tuesday, reaching $14.86. The company’s stock had a trading volume of 28,173,888 shares, compared to its average volume of 44,675,969. iShares Ethereum Trust ETF has a 12-month low of $10.99 and a 12-month high of $36.80. The company’s 50 day moving average is $19.76 and its 200 day moving average is $25.62.

iShares Ethereum Trust ETF Company Profile

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.