Investors Buy High Volume of 2x Ether ETF Call Options (NYSEARCA:ETHU)

2x Ether ETF (NYSEARCA:ETHU) was the recipient of unusually large options trading activity on Tuesday. Investors acquired 32,597 call options on the company. This is an increase of 148% compared to the typical volume of 13,164 call options.

2x Ether ETF Trading Down 11.9 %

NYSEARCA:ETHU opened at $3.26 on Thursday. The stock has a 50-day simple moving average of $6.45 and a 200 day simple moving average of $6.64. 2x Ether ETF has a 52-week low of $3.01 and a 52-week high of $16.16.

2x Ether ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 17th. Investors of record on Monday, December 16th were issued a dividend of $0.0029 per share. The ex-dividend date was Monday, December 16th.

Institutional Investors Weigh In On 2x Ether ETF

An institutional investor recently bought a new position in 2x Ether ETF stock. Silverleafe Capital Partners LLC acquired a new stake in 2x Ether ETF (NYSEARCA:ETHU) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 70,442 shares of the company’s stock, valued at approximately $549,000.

2x Ether ETF Company Profile

The 2x Ether ETF (ETHU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is actively managed, aiming to provide 2x the daily price movements of Ether (ETH). The funds primary investment is cash-settled CME Ether futures ETHU was launched on Jun 4, 2024 and is issued by Volatility Shares.