T-Rex 2X Long Ether Daily Target ETF (BATS:ETU) Stock Short Interest Declines 42.4%

T-Rex 2X Long Ether Daily Target ETF (BATS:ETU) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 136,044 shares, a decrease of 42.4% from the September 15th total of 236,261 shares. Approximately 20.0% of the company’s stock are sold short. Based on an average daily volume of 76,540 shares, the short-interest ratio is currently 1.8 days.

T-Rex 2X Long Ether Daily Target ETF Stock Performance

BATS ETU opened at $6.47 on Thursday. T-Rex 2X Long Ether Daily Target ETF has a 52 week low of $2.86 and a 52 week high of $33.80. The stock’s 50 day moving average price is $6.68 and its two-hundred day moving average price is $5.66.

T-Rex 2X Long Ether Daily Target ETF Company Profile

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.