T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) Shares Shorted: Short Interest Up 324.7% in September

T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 575,455 shares, an increase of 324.7% from the September 15th total of 135,507 shares. Approximately 44.3% of the shares of the company are sold short. Based on an average daily volume of 22,527,089 shares, the days-to-cover ratio is presently 0.0 days.

T-Rex 2X Inverse Bitcoin Daily Target ETF Price Performance

BATS BTCZ opened at $3.03 on Monday. T-Rex 2X Inverse Bitcoin Daily Target ETF has a 52 week low of $2.43 and a 52 week high of $7.34. The company has a 50-day moving average price of $3.82 and a 200-day moving average price of $4.64.

About T-Rex 2X Inverse Bitcoin Daily Target ETF

The T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ) is an exchange-traded fund that mostly invests in long usd, short btc currency. The fund aims to provide (-2x) inverse exposure to the daily price movement of spot Bitcoin, less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. BTCZ was launched on Jul 10, 2024 and is issued by Tuttle Capital Management.