Traders Purchase High Volume of Call Options on 2x Ether ETF (NYSEARCA:ETHU)

2x Ether ETF (NYSEARCA:ETHU) saw unusually large options trading activity on Monday. Stock investors bought 36,556 call options on the company. This is an increase of approximately 342% compared to the average daily volume of 8,272 call options.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 2x Ether ETF stock. Silverleafe Capital Partners LLC bought a new position in shares of 2x Ether ETF (NYSEARCA:ETHU) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 70,442 shares of the company’s stock, valued at approximately $549,000.

2x Ether ETF Stock Down 37.0 %

ETHU opened at $4.52 on Tuesday. The company has a fifty day simple moving average of $8.58 and a 200 day simple moving average of $7.21. 2x Ether ETF has a twelve month low of $3.90 and a twelve month high of $16.16.

2x Ether ETF Dividend Announcement

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