T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Short Interest Up 148.4% in August

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 130,888 shares, a growth of 148.4% from the July 30th total of 52,696 shares. Based on an average daily volume of 65,070 shares, the days-to-cover ratio is currently 2.0 days. Currently, 218.1% of the shares of the stock are sold short.

T-REX 2X Long SNOW Daily Target ETF Stock Performance

SNOU stock opened at $65.88 on Friday. The company’s 50 day moving average is $51.47 and its 200 day moving average is $33.23. T-REX 2X Long SNOW Daily Target ETF has a 1-year low of $10.51 and a 1-year high of $76.32.

Hedge Funds Weigh In On T-REX 2X Long SNOW Daily Target ETF

A hedge fund recently bought a new stake in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC acquired a new stake in shares of T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned approximately 13.33% of T-REX 2X Long SNOW Daily Target ETF as of its most recent filing with the SEC.

About T-REX 2X Long SNOW Daily Target ETF

The T-REX 2X Long SNOW Daily Target ETF (SNOU) 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 ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.