Stock Traders Buy Large Volume of Call Options on T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU)

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) was the target of unusually large options trading activity on Friday. Stock traders bought 22,388 call options on the company. This represents an increase of 94% compared to the typical daily volume of 11,524 call options.

T-Rex 2X Long MSTR Daily Target ETF Stock Up 25.8%

Shares of BATS MSTU traded up $1.52 during midday trading on Friday, reaching $7.42. The company’s stock had a trading volume of 42,255,737 shares, compared to its average volume of 32,647,475. The company has a 50 day moving average price of $4.99 and a 200 day moving average price of $14.89. T-Rex 2X Long MSTR Daily Target ETF has a one year low of $3.40 and a one year high of $107.60.

Institutional Investors Weigh In On T-Rex 2X Long MSTR Daily Target ETF

A number of large investors have recently made changes to their positions in the company. Kovack Advisors Inc. acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the fourth quarter valued at approximately $262,000. HRT Financial LP raised its holdings in shares of T-Rex 2X Long MSTR Daily Target ETF by 84.8% during the fourth quarter. HRT Financial LP now owns 144,427 shares of the company’s stock valued at $1,200,000 after acquiring an additional 66,258 shares during the period. StoneX Group Inc. acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the fourth quarter valued at approximately $294,000. Goldman Sachs Group Inc. acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the fourth quarter valued at approximately $249,000. Finally, Focus Partners Wealth acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the third quarter valued at approximately $70,000.

About T-Rex 2X Long MSTR Daily Target ETF

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.