T-Rex 2X Long DJT Daily Target ETF (BATS:DJTU) Sees Significant Drop in Short Interest

T-Rex 2X Long DJT Daily Target ETF (BATS:DJTU) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 29,081 shares, a drop of 96.9% from the June 30th total of 942,383 shares. Approximately 4.2% of the company’s stock are short sold. Based on an average daily trading volume, of 68,631 shares, the days-to-cover ratio is currently 0.4 days.

T-Rex 2X Long DJT Daily Target ETF Trading Down 7.1%

Shares of BATS:DJTU traded down $0.87 during midday trading on Friday, hitting $11.30. 14,677 shares of the company’s stock were exchanged, compared to its average volume of 81,469. T-Rex 2X Long DJT Daily Target ETF has a 12 month low of $7.88 and a 12 month high of $122.20. The stock has a 50 day moving average price of $11.77 and a 200-day moving average price of $19.95.

About T-Rex 2X Long DJT Daily Target ETF

The T-REX 2X Long DJT Daily Target ETF (DJTU) is an exchange-traded fund that mostly invests in communication services equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Trump Media & Technology Group Corp. stock (NASDAQ: DJT), less fees and expenses. DJTU was launched on Feb 28, 2025 and is issued by Tuttle Capital Management.