ProShares Short Ether ETF (NYSEARCA:SETH – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 92,600 shares, agrowthof9,160.0% from the July 15th total of 1,000 shares. Approximately20.6% of the shares of the stock are sold short. Based on an average daily volume of 82,500 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 82,500 shares, the days-to-cover ratio is currently 1.1 days. Approximately20.6% of the shares of the stock are sold short.
ProShares Short Ether ETF Trading Up 4.0%
Shares of ProShares Short Ether ETF stock opened at $8.12 on Friday. The business’s 50-day moving average price is $12.73 and its 200-day moving average price is $18.12. ProShares Short Ether ETF has a 12 month low of $7.77 and a 12 month high of $30.41.
Hedge Funds Weigh In On ProShares Short Ether ETF
An institutional investor recently bought a new position in ProShares Short Ether ETF stock. Jane Street Group LLC purchased a new position in shares of ProShares Short Ether ETF (NYSEARCA:SETH – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 28,337 shares of the company’s stock, valued at approximately $436,000. Jane Street Group LLC owned about 14.17% of ProShares Short Ether ETF at the end of the most recent reporting period.
ProShares Short Ether ETF Company Profile
The ProShares Short Ether Strategy ETF (SETH) is an exchange-traded fund that is based on the Bloomberg Galaxy Ethereum index. The fund tracks the inverse (-1x) daily price movements of its underlying index. The fund aims to profit from the price decline of Ether SETH was launched on Nov 2, 2023 and is issued by ProShares.
Featured Stories
- Five stocks we like better than ProShares Short Ether ETF
- What is Insider Trading? What You Can Learn from Insider Trading
- How Did Peter Thiel-Backed Crypto Exchange Bullish’s IPO Go?
- CD Calculator: Certificate of Deposit Calculator
- Mercury Systems Up 27%: Financials Send Investors a Clear Signal
- Top Stocks Investing in 5G Technology
- Deereās Sell-Off Could Be a Long-Term Buying Chance
Receive News & Ratings for ProShares Short Ether ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short Ether ETF and related companies with MarketBeat.com's FREE daily email newsletter.