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

T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 191,909 shares, an increase of 74.6% from the May 14th total of 109,945 shares. Based on an average daily trading volume, of 298,147 shares, the short-interest ratio is presently 0.6 days. Currently, 71.1% of the company’s stock are short sold.

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

BATS MSFX opened at $16.32 on Monday. T-Rex 2X Long Microsoft Daily Target ETF has a fifty-two week low of $14.09 and a fifty-two week high of $40.87. The stock’s 50-day moving average is $18.44 and its two-hundred day moving average is $21.28.

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

An institutional investor recently raised its position in T-Rex 2X Long Microsoft Daily Target ETF stock. Flow Traders U.S. LLC raised its stake in shares of T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) by 117.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,082 shares of the company’s stock after buying an additional 9,757 shares during the period. Flow Traders U.S. LLC owned 6.70% of T-Rex 2X Long Microsoft Daily Target ETF worth $632,000 at the end of the most recent quarter.

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

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