T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) Sees Significant Increase in Short Interest

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 8,436,485 shares, a growth of 564.9% from the August 15th total of 1,268,926 shares. Currently, 28.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,560,427 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of T-Rex 2X Inverse MSTR Daily Target ETF

A hedge fund recently bought a new position in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC bought a new stake in T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 86,254 shares of the company’s stock, valued at approximately $454,000. Flow Traders U.S. LLC owned approximately 0.29% of T-Rex 2X Inverse MSTR Daily Target ETF at the end of the most recent quarter.

T-Rex 2X Inverse MSTR Daily Target ETF Price Performance

Shares of BATS MSTZ opened at $4.53 on Friday. T-Rex 2X Inverse MSTR Daily Target ETF has a 52 week low of $3.61 and a 52 week high of $28.71. The company’s 50-day moving average price is $9.42 and its 200 day moving average price is $9.46.

T-Rex 2X Inverse MSTR Daily Target ETF Company Profile

The T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTZ was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.