iShares Ethereum Trust ETF (NASDAQ:ETHA) Short Interest Up 68.3% in January

iShares Ethereum Trust ETF (NASDAQ:ETHA) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 22,642,115 shares, a growth of 68.3% from the December 31st total of 13,452,690 shares. Currently, 12.5% of the company’s shares are short sold. Based on an average daily volume of 39,224,685 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 39,224,685 shares, the days-to-cover ratio is currently 0.6 days. Currently, 12.5% of the company’s shares are short sold.

iShares Ethereum Trust ETF Stock Down 4.5%

ETHA opened at $20.17 on Monday. iShares Ethereum Trust ETF has a one year low of $10.99 and a one year high of $36.80. The business has a 50 day simple moving average of $22.97 and a two-hundred day simple moving average of $27.67.

Institutional Trading of iShares Ethereum Trust ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Schonfeld Strategic Advisors LLC raised its holdings in iShares Ethereum Trust ETF by 141.9% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 10,712,591 shares of the company’s stock worth $337,554,000 after purchasing an additional 6,283,778 shares in the last quarter. Capula Management Ltd boosted its stake in shares of iShares Ethereum Trust ETF by 65.6% during the 3rd quarter. Capula Management Ltd now owns 8,868,485 shares of the company’s stock valued at $279,446,000 after purchasing an additional 3,513,685 shares in the last quarter. Farallon Capital Management LLC purchased a new position in shares of iShares Ethereum Trust ETF during the third quarter valued at about $234,773,000. BlueCrest Capital Management Ltd bought a new position in iShares Ethereum Trust ETF in the second quarter worth about $28,605,000. Finally, Clear Street LLC bought a new position in iShares Ethereum Trust ETF in the second quarter worth about $19,619,000.

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.