T-Rex 2X Long RBLX Daily Target ETF (BATS:RBLU) Sees Large Growth in Short Interest

T-Rex 2X Long RBLX Daily Target ETF (BATS:RBLU) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 105,876 shares, a growth of 153.6% from the August 15th total of 41,742 shares. Currently, 151.3% of the company’s stock are sold short. Based on an average daily trading volume, of 372,863 shares, the days-to-cover ratio is currently 0.3 days.

T-Rex 2X Long RBLX Daily Target ETF Price Performance

Shares of BATS RBLU opened at $6.27 on Tuesday. T-Rex 2X Long RBLX Daily Target ETF has a 52 week low of $2.70 and a 52 week high of $103.95. The business’s 50-day simple moving average is $5.41 and its 200-day simple moving average is $8.47.

Institutional Inflows and Outflows

A hedge fund recently raised its position in T-Rex 2X Long RBLX Daily Target ETF stock. Citadel Advisors LLC grew its stake in shares of T-Rex 2X Long RBLX Daily Target ETF (BATS:RBLU) by 338.2% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 50,551 shares of the company’s stock after buying an additional 39,016 shares during the period. Citadel Advisors LLC owned approximately 72.22% of T-Rex 2X Long RBLX Daily Target ETF worth $451,000 as of its most recent filing with the SEC.

About T-Rex 2X Long RBLX Daily Target ETF

The T-REX 2X Long RBLX Daily Target ETF (RBLU) is an exchange-traded fund that is based on the Roblox Corp. Class A index. The fund aims to provide 2x leveraged exposure to the daily price movement of Roblox Corp. stock (NYSE: RBLX), less fees and expenses. RBLU was launched on Mar 4, 2025 and is issued by Tuttle Capital Management.