T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 4,945,996 shares, an increase of 922.4% from the April 30th total of 483,763 shares. Based on an average trading volume of 25,438,582 shares, the days-to-cover ratio is presently 0.2 days. Currently, 16.5% of the company’s shares are sold short.
T-Rex 2X Inverse MSTR Daily Target ETF Stock Up 3.2%
BATS:MSTZ opened at $6.70 on Friday. T-Rex 2X Inverse MSTR Daily Target ETF has a fifty-two week low of $3.09 and a fifty-two week high of $28.71. The firm’s 50 day moving average is $8.13 and its two-hundred day moving average is $11.66.
Hedge Funds Weigh In On T-Rex 2X Inverse MSTR Daily Target ETF
A hedge fund recently bought a new stake in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC purchased a new position in shares of T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 86,254 shares of the company’s stock, valued at approximately $454,000. Flow Traders U.S. LLC owned 0.29% of T-Rex 2X Inverse MSTR Daily Target ETF as of its most recent SEC filing.
About T-Rex 2X Inverse MSTR Daily Target ETF
The T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTZ was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.
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