Corgi INTC 2x Daily ETF (BATS:INT) Shares Shorted: Short Interest Down 97.4% in September

Corgi INTC 2x Daily ETF (BATS:INT – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 279 shares, a drop of 97.4% from the August 31st total of 10,894 shares. Based on an average daily volume of 32,675 shares, the short-interest ratio is currently 0.0 days.

Corgi INTC 2x Daily ETF Stock Performance

INT traded up $2.08 during trading on Thursday, hitting $27.96. 97,103 shares of the company traded hands, compared to its average volume of 32,849. The stock has a 50-day moving average price of $17.61. Corgi INTC 2x Daily ETF has a 1 year low of $12.66 and a 1 year high of $28.03.

Insider Activity at Corgi INTC 2x Daily ETF

In related news, Director Paul H. Stebbins sold 33,445 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $39.93, for a total transaction of $1,335,458.85. Following the completion of the sale, the director owned 58,878 shares in the company, valued at approximately $2,350,998.54. This trade represents a 36.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Michael J. Kasbar sold 10,000 shares of Corgi INTC 2x Daily ETF stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $39.41, for a total value of $394,100.00. Following the sale, the chairman directly owned 976,450 shares in the company, valued at $38,481,894.50. This trade represents a 1.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 59,445 shares of company stock worth $2,306,519.

World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy management company that supplies and distributes fuel, energy, and related products and services to commercial, industrial, government, and transportation customers worldwide. The company serves aviation, marine, and land-based transportation markets, as well as other commercial and industrial sectors.

Its offerings include aviation fuel, marine fuel and lubricants, diesel, gasoline, natural gas, electricity, and renewable energy products.

Further Reading

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