Corgi INTC 2x Daily ETF (BATS:INT) Sees Large Increase in Short Interest

Corgi INTC 2x Daily ETF (BATS:INTGet Free Report) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 11,848 shares, a growth of 148.9% from the July 30th total of 4,761 shares. Based on an average daily trading volume, of 18,813 shares, the short-interest ratio is currently 0.6 days.

Corgi INTC 2x Daily ETF Price Performance

BATS:INT opened at $14.93 on Friday. Corgi INTC 2x Daily ETF has a 1 year low of $12.66 and a 1 year high of $23.93.

Insider Activity

In related news, Chairman Michael J. Kasbar sold 10,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $39.41, for a total transaction of $394,100.00. Following the sale, the chairman owned 976,450 shares of the company’s stock, valued at approximately $38,481,894.50. This trade represents a 1.01% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Paul H. Stebbins sold 33,445 shares of Corgi INTC 2x Daily ETF stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $39.93, for a total value of $1,335,458.85. Following the transaction, the director owned 58,878 shares in the company, valued at approximately $2,350,998.54. This represents a 36.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 49,445 shares of company stock valued at $1,952,519 in the last quarter.

World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy management company that supplies and distributes fuel, energy, and related products and services to commercial, industrial, government, and transportation customers worldwide. The company serves aviation, marine, and land-based transportation markets, as well as other commercial and industrial sectors.

Its offerings include aviation fuel, marine fuel and lubricants, diesel, gasoline, natural gas, electricity, and renewable energy products.

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