T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Short Interest Down 67.4% in July

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 52,696 shares, a decline of 67.4% from the July 15th total of 161,858 shares. Currently, 87.8% of the shares of the stock are short sold. Based on an average trading volume of 97,887 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of T-REX 2X Long SNOW Daily Target ETF

A hedge fund recently bought a new stake in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC acquired a new stake in shares of T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned approximately 13.33% of T-REX 2X Long SNOW Daily Target ETF at the end of the most recent quarter.

T-REX 2X Long SNOW Daily Target ETF Stock Up 2.9%

Shares of BATS SNOU opened at $70.21 on Friday. T-REX 2X Long SNOW Daily Target ETF has a 12 month low of $10.51 and a 12 month high of $76.32. The business has a fifty day simple moving average of $45.82 and a 200-day simple moving average of $30.93.

About T-REX 2X Long SNOW Daily Target ETF

The T-REX 2X Long SNOW Daily Target ETF (SNOU) 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 ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.