T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Short Interest Down 87.2% in August

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTUGet Free Report) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 4,159,112 shares, a drop of 87.2% from the August 15th total of 32,613,110 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily volume of 12,805,347 shares, the short-interest ratio is presently 0.3 days.

T-Rex 2X Long MSTR Daily Target ETF Stock Performance

Shares of MSTU opened at $29.36 on Friday. T-Rex 2X Long MSTR Daily Target ETF has a twelve month low of $14.60 and a twelve month high of $591.00. The firm’s fifty day simple moving average is $22.92 and its 200-day simple moving average is $41.90.

T-Rex 2X Long MSTR Daily Target ETF Announces Dividend

The business also recently declared a special dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 25th were paid a $0.2881 dividend. The ex-dividend date was Tuesday, August 25th.

Institutional Trading of T-Rex 2X Long MSTR Daily Target ETF

Several institutional investors have recently modified their holdings of MSTU. Flow Traders U.S. LLC purchased a new position in shares of T-Rex 2X Long MSTR Daily Target ETF in the 2nd quarter valued at $221,000. Jump Financial LLC acquired a new position in T-Rex 2X Long MSTR Daily Target ETF in the second quarter valued at $308,000. BNP Paribas Financial Markets purchased a new position in shares of T-Rex 2X Long MSTR Daily Target ETF during the second quarter worth about $12,888,000. Group One Trading LLC acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the second quarter worth about $938,000. Finally, NorthRock Partners LLC purchased a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the 3rd quarter valued at about $46,000.

About T-Rex 2X Long MSTR Daily Target ETF

(Get Free Report)

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) 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 MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.

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