T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 297,324 shares, a decrease of 52.2% from the June 30th total of 621,801 shares. Based on an average daily trading volume, of 21,699,702 shares, the days-to-cover ratio is presently 0.0 days. Currently, 22.9% of the company’s shares are short sold.
T-Rex 2X Inverse Bitcoin Daily Target ETF Price Performance
Shares of BATS:BTCZ opened at $5.51 on Wednesday. The stock’s 50-day moving average price is $5.50 and its two-hundred day moving average price is $5.05. T-Rex 2X Inverse Bitcoin Daily Target ETF has a 12-month low of $2.30 and a 12-month high of $7.34.
Institutional Investors Weigh In On T-Rex 2X Inverse Bitcoin Daily Target ETF
A hedge fund recently bought a new position in T-Rex 2X Inverse Bitcoin Daily Target ETF stock. Flow Traders U.S. LLC purchased a new position in shares of T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC).
About T-Rex 2X Inverse Bitcoin Daily Target ETF
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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