T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) Short Interest Down 57.5% in April

T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 107,464 shares, a drop of 57.5% from the April 15th total of 252,579 shares. Currently, 39.8% of the company’s stock are short sold. Based on an average daily trading volume, of 310,501 shares, the short-interest ratio is currently 0.3 days.

T-Rex 2X Long Microsoft Daily Target ETF Stock Up 6.0%

BATS MSFX opened at $19.28 on Friday. The firm’s fifty day moving average price is $17.56 and its 200 day moving average price is $23.32. T-Rex 2X Long Microsoft Daily Target ETF has a 12 month low of $14.09 and a 12 month high of $40.87.

Institutional Inflows and Outflows

An institutional investor recently raised its position in T-Rex 2X Long Microsoft Daily Target ETF stock. Optiver Holding B.V. boosted its holdings in shares of T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) by 59.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 13,027 shares of the company’s stock after purchasing an additional 4,838 shares during the period. Optiver Holding B.V. owned approximately 4.82% of T-Rex 2X Long Microsoft Daily Target ETF worth $455,000 as of its most recent filing with the SEC.

T-Rex 2X Long Microsoft Daily Target ETF Company Profile

The T-Rex 2X Long Microsoft Daily Target ETF (MSFX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Microsoft Corp. stock, less fees, and expenses. MSFX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.