Corgi INTC 2x Daily ETF (BATS:INT) Sees Significant Drop in Short Interest

Corgi INTC 2x Daily ETF (BATS:INT) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 17,624 shares, a decrease of 37.1% from the September 30th total of 28,020 shares. Based on an average daily trading volume, of 60,507 shares, the days-to-cover ratio is currently 0.3 days.

Insider Transactions at Corgi INTC 2x Daily ETF

In other news, EVP Jose-Miguel Tejada sold 6,000 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $37.16, for a total value of $222,960.00. Following the transaction, the executive vice president owned 35,676 shares of the company’s stock, valued at $1,325,720.16. This trade represents a 14.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Michael J. Kasbar sold 10,000 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $35.67, for a total value of $356,700.00. Following the completion of the transaction, the chairman directly owned 956,450 shares in the company, valued at $34,116,571.50. This trade represents a 1.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 26,000 shares of company stock valued at $933,660.

Corgi INTC 2x Daily ETF Price Performance

BATS:INT opened at $6.00 on Monday. The stock’s 50-day simple moving average is $18.00. Corgi INTC 2x Daily ETF has a 12-month low of $5.28 and a 12-month high of $28.30.

World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy management company that supplies and distributes fuel, energy, and related products and services to commercial, industrial, government, and transportation customers worldwide. The company serves aviation, marine, and land-based transportation markets, as well as other commercial and industrial sectors.

Its offerings include aviation fuel, marine fuel and lubricants, diesel, gasoline, natural gas, electricity, and renewable energy products.