T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL – Get Free Report) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 128,051 shares, a growth of 122.2% from the July 30th total of 57,629 shares. Based on an average daily trading volume, of 48,201 shares, the short-interest ratio is presently 2.7 days. Approximately 12.2% of the shares of the company are sold short.
T-Rex 2X Long Bitcoin Daily Target ETF Trading Down 6.1%
BATS BTCL opened at $17.70 on Friday. T-Rex 2X Long Bitcoin Daily Target ETF has a one year low of $10.40 and a one year high of $68.29. The stock has a 50-day moving average of $13.01 and a 200 day moving average of $15.49.
About T-Rex 2X Long Bitcoin Daily Target ETF
The T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Bitcoin, less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. BTCL was launched on Jul 10, 2024 and is issued by Tuttle Capital Management.
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