Short Interest in T-REX 2X Long DRAM Daily Target ETF (BATS:RAM) Increases By 140.8%

T-REX 2X Long DRAM Daily Target ETF (BATS:RAM) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,026,577 shares, a growth of 140.8% from the June 30th total of 1,257,036 shares. Based on an average trading volume of 18,939,864 shares, the days-to-cover ratio is currently 0.2 days.

T-REX 2X Long DRAM Daily Target ETF Stock Performance

BATS:RAM opened at $11.71 on Tuesday. T-REX 2X Long DRAM Daily Target ETF has a twelve month low of $10.30 and a twelve month high of $33.11.

Rivian Automotive, Inc is an electric vehicle manufacturer focused on designing and building adventure-oriented EVs. The company develops and sells electric trucks and sport utility vehicles, along with related software and connected services, aimed at both consumer and commercial customers.

Rivian’s product lineup includes the R1T electric pickup truck and the R1S electric SUV, as well as electric delivery vans for commercial fleets. The company also offers charging-related products and software features that support vehicle performance, navigation, and ownership experience.

Founded in 2009 and headquartered in Irvine, California, Rivian has positioned itself as a North American automaker with expanding production and sales efforts.