T-Rex 2X Long DJT Daily Target ETF (BATS:DJTU) Sees Large Decline in Short Interest

T-Rex 2X Long DJT Daily Target ETF (BATS:DJTU) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 917,862 shares, a drop of 37.5% from the May 14th total of 1,469,534 shares. Based on an average daily trading volume, of 1,187,140 shares, the days-to-cover ratio is presently 0.8 days. Currently, 131.1% of the company’s stock are short sold.

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

Shares of T-Rex 2X Long DJT Daily Target ETF stock opened at $1.01 on Monday. The business’s 50 day simple moving average is $1.44 and its 200 day simple moving average is $2.51. T-Rex 2X Long DJT Daily Target ETF has a 52-week low of $1.01 and a 52-week high of $14.34.

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

The T-REX 2X Long DJT Daily Target ETF (DJTU) 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 Trump Media & Technology Group Corp. stock (NASDAQ: DJT), less fees and expenses. DJTU was launched on Feb 28, 2025 and is issued by Tuttle Capital Management.