ETHZilla Corp’s filing revealed that its Former 10% Owner ELRAY RESOURCES, INC. unloaded Company’s shares for reported $5.04 million on Jul 27 ’25. In the deal valued at $3.00 per share,1,680,000 shares were sold. As a result of this transaction, ELRAY RESOURCES, INC. now holds 2,638,000 shares worth roughly $6.09 million.
Then, ELRAY RESOURCES, INC. sold 777,595 shares, generating $2,472,752 in total proceeds. Upon selling the shares at $3.18, the Former 10% Owner now owns 1,725,148 shares.
Before that, ELRAY RESOURCES, INC. sold 405,148 shares. ETHZilla Corp shares valued at $1,284,319 were divested by the Former 10% Owner at a price of $3.17 per share. As a result of the transaction, ELRAY RESOURCES, INC. now holds 1,320,000 shares, worth roughly $3.05 million.
Maxim Group initiated its ETHZilla Corp [ETHZ] rating to a Buy in a research note published on September 15, 2021; the price target was $11.
Price Performance Review of ETHZ
On Friday, ETHZilla Corp [NASDAQ:ETHZ] saw its stock fall -4.55% to $2.31. Over the last five days, the stock has lost -19.51%. ETHZilla Corp shares have risen nearly 30.51% since the year began. Nevertheless, the stocks have risen 26.92% over the past one year. While a 52-week high of $17.75 was reached on 08/13/25, a 52-week low of $0.66 was recorded on 04/09/25.
Levels Of Support And Resistance For ETHZ Stock
The 24-hour chart illustrates a support level at 2.17, which if violated will result in even more drops to 2.04. On the upside, there is a resistance level at 2.49. A further resistance level may holdings at 2.68.
How much short interest is there in ETHZilla Corp?
A steep rise in short interest was recorded in ETHZilla Corp stocks on 2025-07-31, growing by 1.07 million shares to a total of 1.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 64239.0 shares. There was a rise of 94.35%, which implies that there is a positive sentiment for the stock.
