T-Rex 2X Long Ether Daily Target ETF (BATS:ETU – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 136,044 shares, a decline of 42.4% from the September 15th total of 236,261 shares. Approximately 20.0% of the company’s stock are short sold. Based on an average trading volume of 76,540 shares, the days-to-cover ratio is presently 1.8 days.
T-Rex 2X Long Ether Daily Target ETF Price Performance
BATS ETU traded down $0.24 on Friday, reaching $6.37. The company had a trading volume of 38,278 shares, compared to its average volume of 129,139. The company’s fifty day moving average is $6.77 and its 200-day moving average is $5.67. T-Rex 2X Long Ether Daily Target ETF has a 1-year low of $2.86 and a 1-year high of $33.80.
About T-Rex 2X Long Ether Daily Target ETF
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.
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