T-REX 2X Long GME Daily Target ETF (BATS:GMEU) Sees Large Decline in Short Interest

T-REX 2X Long GME Daily Target ETF (BATS:GMEU) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 242,798 shares, a drop of 56.4% from the September 15th total of 556,744 shares. Based on an average trading volume of 945,509 shares, the days-to-cover ratio is presently 0.3 days. Currently, 9.0% of the shares of the stock are short sold.

T-REX 2X Long GME Daily Target ETF Stock Performance

Shares of BATS GMEU opened at $10.87 on Thursday. T-REX 2X Long GME Daily Target ETF has a one year low of $4.97 and a one year high of $13.99. The company’s fifty day moving average is $7.08 and its two-hundred day moving average is $8.34.

About T-REX 2X Long GME Daily Target ETF

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.