T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) Sees Large Increase in Short Interest

T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 149,673 shares, an increase of 207.2% from the August 15th total of 48,724 shares. Currently, 59.9% of the company’s shares are short sold. Based on an average daily volume of 120,186 shares, the days-to-cover ratio is presently 1.2 days.

T-Rex 2X Long NFLX Daily Target ETF Trading Up 3.3%

Shares of BATS:NFLU opened at $18.32 on Friday. The stock has a 50-day simple moving average of $18.04 and a 200-day simple moving average of $24.00. T-Rex 2X Long NFLX Daily Target ETF has a 1 year low of $13.33 and a 1 year high of $60.93.

T-Rex 2X Long NFLX Daily Target ETF Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 25th were paid a dividend of $0.0037 per share. The ex-dividend date was Tuesday, August 25th.

Hedge Funds Weigh In On T-Rex 2X Long NFLX Daily Target ETF

A hedge fund recently bought a new position in T-Rex 2X Long NFLX Daily Target ETF stock. Flow Traders U.S. LLC purchased a new position in shares of T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,806 shares of the company’s stock, valued at approximately $216,000. Flow Traders U.S. LLC owned 1.52% of T-Rex 2X Long NFLX Daily Target ETF at the end of the most recent quarter.

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

The T-Rex 2X Long NFLX Daily Target ETF (NFLU) is an exchange-traded fund that mostly invests in communication services equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Netflix Inc stock, less fees, and expenses. NFLU was launched on Sep 27, 2024 and is issued by Tuttle Capital Management.