T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) Shares Shorted: Short Interest Up 109.1% in October

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 9,552,686 shares, a growth of 109.1% from the October 15th total of 4,567,597 shares. Based on an average daily volume of 68,082,773 shares, the days-to-cover ratio is currently 0.1 days. Approximately 36.6% of the shares of the company are sold short.

T-Rex 2X Inverse MSTR Daily Target ETF Trading Up 4.9%

Shares of T-Rex 2X Inverse MSTR Daily Target ETF stock traded up $0.20 on Friday, reaching $4.25. 41,312,452 shares of the stock were exchanged, compared to its average volume of 27,425,629. T-Rex 2X Inverse MSTR Daily Target ETF has a 1-year low of $2.18 and a 1-year high of $28.71. The business has a fifty day moving average price of $3.12 and a two-hundred day moving average price of $8.55.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in T-Rex 2X Inverse MSTR Daily Target ETF stock. Jump Financial LLC acquired a new position in shares of T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 975,410 shares of the company’s stock, valued at approximately $2,673,000. Jump Financial LLC owned about 3.73% of T-Rex 2X Inverse MSTR Daily Target ETF at the end of the most recent reporting period.

About T-Rex 2X Inverse MSTR Daily Target ETF

The T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of MicroStrategy Inc. stock (NYSE: MSTR), less fees and expenses. MSTZ was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.