T-Rex 2X Long Apple Daily Target ETF (BATS:AAPX) Sees Significant Increase in Short Interest

T-Rex 2X Long Apple Daily Target ETF (BATS:AAPX) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 15,199 shares, a growth of 165.4% from the June 30th total of 5,726 shares. Based on an average daily volume of 41,817 shares, the days-to-cover ratio is currently 0.4 days. Currently, 2.2% of the company’s stock are sold short.

T-Rex 2X Long Apple Daily Target ETF Stock Performance

T-Rex 2X Long Apple Daily Target ETF stock opened at $41.25 on Monday. The company has a fifty day simple moving average of $35.79 and a 200-day simple moving average of $30.69. The stock has a market cap of $28.05 million, a P/E ratio of 29.81 and a beta of 2.02. T-Rex 2X Long Apple Daily Target ETF has a 12-month low of $18.06 and a 12-month high of $41.83.

T-Rex 2X Long Apple Daily Target ETF Company Profile

The T-Rex 2X Long Apple Daily Target ETF (AAPX) 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 Apple, Inc stock, less fees, and expenses. AAPX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.