2x Ether ETF (NYSEARCA:ETHU) Sets New 52-Week Low – Should You Sell?

2x Ether ETF (NYSEARCA:ETHUGet Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $2.58 and last traded at $2.65, with a volume of 68377575 shares traded. The stock had previously closed at $2.92.

2x Ether ETF Stock Performance

The company’s 50 day moving average price is $6.24 and its two-hundred day moving average price is $6.59.

2x Ether ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 16th were given a dividend of $0.0029 per share. The ex-dividend date was Monday, December 16th.

Hedge Funds Weigh In On 2x Ether ETF

An institutional investor recently bought a new position in 2x Ether ETF stock. Silverleafe Capital Partners LLC bought a new stake in shares of 2x Ether ETF (NYSEARCA:ETHUFree Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 70,442 shares of the company’s stock, valued at approximately $549,000.

2x Ether ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for 2x Ether ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 2x Ether ETF and related companies with MarketBeat.com's FREE daily email newsletter.