Grayscale Ethereum Mini Trust ETF ( NYSEARCA:ETH – Get Free Report )’s stock price gapped down prior to trading on Monday. The stock had previously closed at $21.21, but opened at $20.21. Grayscale Ethereum Mini Trust ETF shares last traded at $20.2060, with a volume of 558,840 shares traded.
Grayscale Ethereum Mini Trust ETF Price Performance
The firm has a market capitalization of $1.79 billion, a P/E ratio of 8.60 and a beta of 2.63. The firm’s fifty day moving average price is $23.74 and its 200-day moving average price is $20.69.
Grayscale Ethereum Mini Trust ETF Cuts Dividend
The company also recently announced a monthly dividend, which was paid on Wednesday, November 4th. Shareholders of record on Tuesday, November 3rd were given a $0.0331 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.0%. This is a negative change from Grayscale Ethereum Mini Trust ETF’s previous monthly dividend of $0.0422. The ex-dividend date was Tuesday, November 3rd. Grayscale Ethereum Mini Trust ETF’s payout ratio is currently 42.37%.
Hedge Funds Weigh In On Grayscale Ethereum Mini Trust ETF
A number of institutional investors and hedge funds have recently added to ...