T-Rex 2X Long Ether Daily Target ETF (BATS:ETU – Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 222,522 shares, an increase of 63.6% from the September 30th total of 136,044 shares. Currently, 32.7% of the company’s stock are short sold. Based on an average trading volume of 63,796 shares, the days-to-cover ratio is currently 3.5 days.
T-Rex 2X Long Ether Daily Target ETF Trading Up 3.8%
ETU stock opened at $5.68 on Wednesday. T-Rex 2X Long Ether Daily Target ETF has a fifty-two week low of $2.86 and a fifty-two week high of $23.71. The business’s 50 day moving average price is $6.99 and its two-hundred day moving average price is $6.26.
T-Rex 2X Long Ether Daily Target ETF Company Profile
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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