In a filing, ETHZilla Corp revealed 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 $6.33 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 $3.17 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 Monday, ETHZilla Corp [NASDAQ:ETHZ] saw its stock fall -5.14% to $2.4. Over the last five days, the stock has gained 1.27%. ETHZilla Corp shares have risen nearly 18.23% since the year began. Nevertheless, the stocks have risen 31.87% 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 2.27, which if violated will result in even more drops to 2.13. On the upside, there is a resistance level at 2.63. A further resistance level may holdings at 2.85.
How much short interest is there in ETHZilla Corp?
A steep rise in short interest was recorded in ETHZilla Corp stocks on 2025-08-29, growing by 1.02 million shares to a total of 1.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 63946.0 shares. There was a rise of 94.09%, which implies that there is a positive sentiment for the stock.
