T-Rex 2X Long Alphabet Daily Target ETF (BATS:GOOX) Sees Large Growth in Short Interest

T-Rex 2X Long Alphabet Daily Target ETF (BATS:GOOX) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 115,175 shares, an increase of 89.5% from the July 15th total of 60,784 shares. Based on an average daily volume of 113,671 shares, the days-to-cover ratio is currently 1.0 days. Approximately 14.2% of the shares of the company are short sold.

T-Rex 2X Long Alphabet Daily Target ETF Stock Down 0.2%

Shares of GOOX opened at $73.18 on Friday. The business’s 50-day moving average is $79.11 and its two-hundred day moving average is $76.99. T-Rex 2X Long Alphabet Daily Target ETF has a fifty-two week low of $29.73 and a fifty-two week high of $107.50.

About T-Rex 2X Long Alphabet Daily Target ETF

The T-Rex 2X Long Alphabet Daily Target ETF (GOOX) is an exchange-traded fund that mostly invests in communication services equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Alphabet Inc stock, less fees, and expenses. GOOX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.