T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Short Interest Down 87.2% in August

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTUGet Free Report) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,159,112 shares, a decline of 87.2% from the August 15th total of 32,613,110 shares. Approximately 2.1% of the shares of the stock are short sold. Based on an average daily volume of 12,805,347 shares, the short-interest ratio is presently 0.3 days.

T-Rex 2X Long MSTR Daily Target ETF Stock Down 6.8%

BATS:MSTU opened at $29.36 on Friday. T-Rex 2X Long MSTR Daily Target ETF has a one year low of $14.60 and a one year high of $591.00. The stock has a 50 day moving average price of $22.92 and a 200 day moving average price of $41.90.

T-Rex 2X Long MSTR Daily Target ETF Dividend Announcement

The business also recently announced a special dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 25th were issued a $0.2881 dividend. The ex-dividend date was Tuesday, August 25th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC purchased a new position in shares of T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter worth approximately $1,605,000. Turner Financial Group Inc. acquired a new position in T-Rex 2X Long MSTR Daily Target ETF during the second quarter worth $51,000. Optiver Holding B.V. boosted its position in shares of T-Rex 2X Long MSTR Daily Target ETF by 1,871.1% during the first quarter. Optiver Holding B.V. now owns 357,742 shares of the company’s stock worth $1,520,000 after buying an additional 339,593 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the first quarter valued at $51,000. Finally, WJ Financial Advisors LLC acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the first quarter valued at $149,000.

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

(Get Free Report)

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) 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 MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.

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