Short Interest in T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) Declines By 34.3%

T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Get Free Report) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 242,044 shares, a drop of 34.3% from the April 15th total of 368,160 shares. Approximately 18.6% of the company’s shares are short sold. Based on an average daily volume of 12,426,774 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in T-Rex 2X Inverse Bitcoin Daily Target ETF stock. Flow Traders U.S. LLC bought a new stake in T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 38,961 shares of the company’s stock, valued at approximately $110,000. Flow Traders U.S. LLC owned about 3.00% of T-Rex 2X Inverse Bitcoin Daily Target ETF at the end of the most recent quarter.

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T-Rex 2X Inverse Bitcoin Daily Target ETF Stock Up 5.9%

Shares of BATS BTCZ opened at $4.11 on Tuesday. T-Rex 2X Inverse Bitcoin Daily Target ETF has a 1 year low of $2.30 and a 1 year high of $7.34. The firm’s 50-day moving average is $4.66 and its 200-day moving average is $4.49.

About T-Rex 2X Inverse Bitcoin Daily Target ETF

(Get Free Report)

The T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ) is an exchange-traded fund that mostly invests in long usd, short btc currency. The fund aims to provide (-2x) inverse exposure to the daily price movement of spot Bitcoin, less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. BTCZ was launched on Jul 10, 2024 and is issued by Tuttle Capital Management.

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