Short Interest in T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Declines By 67.4%

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 52,696 shares, a drop of 67.4% from the July 15th total of 161,858 shares. Based on an average daily volume of 97,887 shares, the short-interest ratio is currently 0.5 days. Currently, 87.8% of the shares of the stock are sold short.

Institutional Trading of T-REX 2X Long SNOW Daily Target ETF

A hedge fund recently bought a new stake in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC purchased a new position in T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned about 13.33% of T-REX 2X Long SNOW Daily Target ETF as of its most recent filing with the Securities & Exchange Commission.

T-REX 2X Long SNOW Daily Target ETF Stock Up 2.9%

Shares of SNOU opened at $70.21 on Friday. The firm’s 50 day moving average is $45.82 and its 200-day moving average is $30.93. T-REX 2X Long SNOW Daily Target ETF has a 12-month low of $10.51 and a 12-month high of $76.32.

T-REX 2X Long SNOW Daily Target ETF Company Profile

The T-REX 2X Long SNOW Daily Target ETF (SNOU) 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 ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.