T-Rex 2X Long Ether Daily Target ETF (BATS:ETU) Short Interest Update

T-Rex 2X Long Ether Daily Target ETF (BATS:ETU) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 162,859 shares, a decrease of 55.9% from the June 30th total of 369,292 shares. Approximately 23.9% of the shares of the company are short sold. Based on an average daily trading volume, of 101,508 shares, the short-interest ratio is presently 1.6 days.

T-Rex 2X Long Ether Daily Target ETF Trading Up 9.5%

BATS:ETU opened at $4.50 on Tuesday. T-Rex 2X Long Ether Daily Target ETF has a 1 year low of $2.86 and a 1 year high of $48.91. The firm’s fifty day simple moving average is $4.11 and its 200 day simple moving average is $6.69.

About T-Rex 2X Long Ether Daily Target ETF

The T-Rex 2X Long Ether Daily Target ETF (ETU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Ether (ETH), less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. ETU was launched on Oct 23, 2024 and is issued by Tuttle Capital Management.