T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Short Interest Up 74.9% in June

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 35,255,721 shares, a growth of 74.9% from the May 31st total of 20,152,846 shares. Based on an average daily trading volume, of 48,913,741 shares, the short-interest ratio is presently 0.7 days. Currently, 17.6% of the company’s stock are sold short.

Hedge Funds Weigh In On T-Rex 2X Long MSTR Daily Target ETF

Several hedge funds have recently modified their holdings of the stock. BNP Paribas Financial Markets acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF in the 2nd quarter worth approximately $12,888,000. Renaissance Technologies LLC acquired a new position in T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter valued at approximately $1,605,000. Optiver Holding B.V. increased its stake in T-Rex 2X Long MSTR Daily Target ETF by 1,871.1% during the 1st quarter. Optiver Holding B.V. now owns 357,742 shares of the company’s stock valued at $1,520,000 after purchasing an additional 339,593 shares in the last quarter. Group One Trading LLC raised its holdings in shares of T-Rex 2X Long MSTR Daily Target ETF by 219.1% in the third quarter. Group One Trading LLC now owns 345,993 shares of the company’s stock worth $1,609,000 after buying an additional 237,568 shares during the last quarter. Finally, HRT Financial LP raised its holdings in shares of T-Rex 2X Long MSTR Daily Target ETF by 84.8% in the fourth quarter. HRT Financial LP now owns 144,427 shares of the company’s stock worth $1,200,000 after buying an additional 66,258 shares during the last quarter.

T-Rex 2X Long MSTR Daily Target ETF Trading Up 14.2%

T-Rex 2X Long MSTR Daily Target ETF stock opened at $1.85 on Thursday. The stock has a 50-day moving average of $5.37 and a two-hundred day moving average of $6.33. T-Rex 2X Long MSTR Daily Target ETF has a one year low of $1.46 and a one year high of $107.60.

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.