T-Rex 2X Long Ether Daily Target ETF (BATS:ETU – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 136,044 shares, a drop of 42.4% from the September 15th total of 236,261 shares. Based on an average daily volume of 76,540 shares, the days-to-cover ratio is currently 1.8 days. Approximately 20.0% of the shares of the company are sold short.
T-Rex 2X Long Ether Daily Target ETF Price Performance
Shares of ETU opened at $6.61 on Friday. The company’s fifty day moving average is $6.73 and its two-hundred day moving average is $5.67. T-Rex 2X Long Ether Daily Target ETF has a 1 year low of $2.86 and a 1 year high of $33.80.
About T-Rex 2X Long Ether Daily Target ETF
The T-Rex 2X Long Ether Daily Target ETF (ETU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Ether (ETH), less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. ETU was launched on Oct 23, 2024 and is issued by Tuttle Capital Management.
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