Investors Purchase Large Volume of T-Rex 2X Long MSTR Daily Target ETF Call Options (BATS:MSTU)

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) was the target of some unusual options trading activity on Monday. Investors bought 28,573 call options on the stock. This represents an increase of 54% compared to the average daily volume of 18,519 call options.

Hedge Funds Weigh In On T-Rex 2X Long MSTR Daily Target ETF

A number of institutional investors have recently modified their holdings of the stock. Apollon Wealth Management LLC acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF during the first quarter worth about $42,000. NorthRock Partners LLC acquired a new position in T-Rex 2X Long MSTR Daily Target ETF in the third quarter valued at approximately $46,000. NewEdge Advisors LLC acquired a new position in T-Rex 2X Long MSTR Daily Target ETF in the first quarter valued at approximately $51,000. Focus Partners Wealth purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the 3rd quarter worth approximately $70,000. Finally, Flow Traders U.S. LLC purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the 2nd quarter worth approximately $221,000.

T-Rex 2X Long MSTR Daily Target ETF Stock Down 5.6%

Shares of BATS:MSTU traded down $0.16 during midday trading on Monday, reaching $2.70. The company’s stock had a trading volume of 55,652,858 shares, compared to its average volume of 35,982,805. T-Rex 2X Long MSTR Daily Target ETF has a twelve month low of $2.60 and a twelve month high of $107.60. The stock has a fifty day moving average of $5.95 and a 200 day moving average of $6.94.

About T-Rex 2X Long MSTR Daily Target ETF

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