T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) Sees Large Increase in Short Interest

T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,441,366 shares, an increase of 214.9% from the June 30th total of 457,654 shares. Based on an average daily trading volume, of 900,221 shares, the days-to-cover ratio is currently 1.6 days. Currently, 41.7% of the company’s stock are short sold.

Institutional Trading of T-Rex 2X Long HOOD Daily Target ETF

An institutional investor recently bought a new position in T-Rex 2X Long HOOD Daily Target ETF stock. Jump Financial LLC acquired a new stake in T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,905 shares of the company’s stock, valued at approximately $320,000. Jump Financial LLC owned approximately 0.17% of T-Rex 2X Long HOOD Daily Target ETF at the end of the most recent quarter.

T-Rex 2X Long HOOD Daily Target ETF Trading Down 6.1%

Shares of BATS:ROBN opened at $24.52 on Wednesday. T-Rex 2X Long HOOD Daily Target ETF has a 52-week low of $14.49 and a 52-week high of $123.06. The business’s 50 day simple moving average is $29.05 and its two-hundred day simple moving average is $27.81.

About T-Rex 2X Long HOOD Daily Target ETF

The T-Rex 2X Long HOOD Daily Target ETF (ROBN) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Robinhood Markets Inc stock, less fees, and expenses. ROBN was launched on Jan 31, 2025 and is issued by Tuttle Capital Management.