VanEck Ethereum ETF (BATS:ETHV) Stock Short Interest Report for September

VanEck Ethereum ETF (BATS:ETHV) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 27,119 shares, a decrease of 51.0% from the September 15th total of 55,322 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 62,199 shares, the days-to-cover ratio is currently 0.4 days.

VanEck Ethereum ETF Stock Performance

BATS ETHV opened at $35.78 on Friday. VanEck Ethereum ETF has a one year low of $22.40 and a one year high of $62.01. The company’s 50 day moving average price is $35.43 and its 200 day moving average price is $31.26.

Institutional Investors Weigh In On VanEck Ethereum ETF

Several institutional investors have recently bought and sold shares of ETHV. Meitav Investment House Ltd. increased its holdings in VanEck Ethereum ETF by 10.9% in the 1st quarter. Meitav Investment House Ltd. now owns 27,397 shares of the company’s stock valued at $840,000 after purchasing an additional 2,684 shares in the last quarter. IMC Chicago LLC acquired a new stake in VanEck Ethereum ETF during the 1st quarter valued at approximately $302,000. Tucker Asset Management LLC bought a new stake in shares of VanEck Ethereum ETF in the second quarter worth $43,000. GK Wealth Management LLC bought a new stake in shares of VanEck Ethereum ETF in the 3rd quarter worth about $196,000. Finally, Compass Financial Management LLC bought a new stake in VanEck Ethereum ETF in the second quarter valued at about $43,000.

About VanEck Ethereum ETF

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.