UltraShort Ether ETF (NYSEARCA:ETHD) Shares Shorted: Short Interest Down 45.1% in October

Posted by Casey Walker on Nov 2nd, 2026

UltraShort Ether ETF (NYSEARCA:ETHD – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 64,594 shares, a decline of 45.1% from the September 30th total of 117,655 shares. Based on an average daily volume of 773,696 shares, the days-to-cover ratio is currently 0.1 days. Currently, 3.6% of the shares of the stock are sold short.

Institutional Investors Weigh In On UltraShort Ether ETF

An institutional investor recently bought a new position in UltraShort Ether ETF stock. Renaissance Technologies LLC acquired a new position in shares of UltraShort Ether ETF (NYSEARCA:ETHD – Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 23,100 shares of the company’s stock, valued at approximately $1,453,000. Renaissance Technologies LLC owned approximately 1.43% of UltraShort Ether ETF as of its most recent filing with the Securities & Exchange Commission.

UltraShort Ether ETF Stock Performance

ETHD traded up $2.86 on Friday, reaching $34.36. 1,258,630 shares of the company’s stock were exchanged, compared to its average volume of 630,384. UltraShort Ether ETF has a twelve month low of $22.88 and a twelve month high of $106.80. The stock’s fifty day moving average price is $28.80 and its 200-day moving average price is $55.93.

About UltraShort Ether ETF

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The ProShares UltraShort Ether ETF (ETHD) is an exchange-traded fund that is based on the Bloomberg Ethereum index. The fund tracks -2x the daily price movements of an index that measures the price of Ether. It uses futures contracts to provide inverse exposure without directly investing in Ether ETHD was launched on Jun 7, 2024 and is issued by ProShares.