Franklin Bitcoin ETF (BATS:EZBC) Short Interest Update

Franklin Bitcoin ETF (BATS:EZBC) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 34,954 shares, a decrease of 70.0% from the April 15th total of 116,479 shares. Based on an average trading volume of 126,893 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the company are sold short.

Franklin Bitcoin ETF Stock Down 1.5%

BATS:EZBC opened at $46.69 on Wednesday. Franklin Bitcoin ETF has a one year low of $36.00 and a one year high of $73.16. The firm’s fifty day moving average is $42.22 and its two-hundred day moving average is $48.02.

Institutional Investors Weigh In On Franklin Bitcoin ETF

Several hedge funds have recently added to or reduced their stakes in EZBC. Raymond James Financial Inc. purchased a new stake in Franklin Bitcoin ETF in the second quarter valued at $31,000. Semmax Financial Advisors Inc. boosted its holdings in Franklin Bitcoin ETF by 42.2% in the second quarter. Semmax Financial Advisors Inc. now owns 519 shares of the company’s stock valued at $35,000 after purchasing an additional 154 shares during the last quarter. Caitlin John LLC purchased a new stake in Franklin Bitcoin ETF in the third quarter valued at $38,000. Greenline Wealth Management LLC purchased a new stake in Franklin Bitcoin ETF in the fourth quarter valued at $46,000. Finally, Cassaday & Co Wealth Management LLC purchased a new stake in Franklin Bitcoin ETF in the first quarter valued at $49,000.

About Franklin Bitcoin ETF

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.