T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) Short Interest Up 223.9% in June

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,375,195 shares, an increase of 223.9% from the May 31st total of 1,350,632 shares. Approximately 14.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,601,871 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On T-Rex 2X Inverse MSTR Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC bought a new position in T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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 reporting period.

T-Rex 2X Inverse MSTR Daily Target ETF Stock Up 7.2%

BATS:MSTZ opened at $18.58 on Friday. The business’s 50-day moving average price is $7.69 and its 200 day moving average price is $11.43. T-Rex 2X Inverse MSTR Daily Target ETF has a 52-week low of $3.09 and a 52-week high of $28.71.

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.