T-REX 2X Long GME Daily Target ETF (BATS:GMEU) Short Interest Up 63.6% in July

T-REX 2X Long GME Daily Target ETF (BATS:GMEU) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 293,766 shares, an increase of 63.6% from the June 30th total of 179,556 shares. Approximately 10.9% of the company’s shares are sold short. Based on an average daily trading volume, of 139,277 shares, the short-interest ratio is presently 2.1 days.

T-REX 2X Long GME Daily Target ETF Trading Up 0.9%

Shares of GMEU opened at $7.91 on Friday. The company has a 50-day moving average of $8.17 and a two-hundred day moving average of $9.88. T-REX 2X Long GME Daily Target ETF has a one year low of $7.41 and a one year high of $18.98.

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

An institutional investor recently bought a new stake in T-REX 2X Long GME Daily Target ETF stock. Triumph Capital Management acquired a new position in shares of T-REX 2X Long GME Daily Target ETF (BATS:GMEU) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 26,420 shares of the company’s stock, valued at approximately $230,000. Triumph Capital Management owned approximately 0.98% of T-REX 2X Long GME Daily Target ETF as of its most recent filing with the Securities and Exchange Commission.

T-REX 2X Long GME Daily Target ETF Company Profile

The T-REX 2X Long GME Daily Target ETF (GMEU) is an exchange-traded fund that is based on the GameStop Corp. Class A index. The fund aims to provide 2x leveraged exposure to the daily price movement of GameStop Corp. stock (NYSE: GME), less fees and expenses. GMEU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.