T-Rex 2X Long RBLX Daily Target ETF (BATS:RBLU) Sees Large Decrease in Short Interest

T-Rex 2X Long RBLX Daily Target ETF (BATS:RBLU) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 56,099 shares, a decline of 60.3% from the September 30th total of 141,164 shares. Approximately 80.1% of the company’s shares are short sold. Based on an average trading volume of 412,895 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in T-Rex 2X Long RBLX Daily Target ETF stock. Citadel Advisors LLC grew its holdings in T-Rex 2X Long RBLX Daily Target ETF (BATS:RBLU) by 338.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,551 shares of the company’s stock after purchasing an additional 39,016 shares during the quarter. Citadel Advisors LLC owned approximately 72.22% of T-Rex 2X Long RBLX Daily Target ETF worth $451,000 at the end of the most recent reporting period.

T-Rex 2X Long RBLX Daily Target ETF Stock Down 36.6%

Shares of RBLU opened at $3.93 on Friday. T-Rex 2X Long RBLX Daily Target ETF has a 12-month low of $2.70 and a 12-month high of $68.42. The stock’s fifty day simple moving average is $5.07 and its 200-day simple moving average is $9.82.

About T-Rex 2X Long RBLX Daily Target ETF

The T-REX 2X Long RBLX Daily Target ETF (RBLU) is an exchange-traded fund that is based on the Roblox Corp. Class A index. The fund aims to provide 2x leveraged exposure to the daily price movement of Roblox Corp. stock (NYSE: RBLX), less fees and expenses. RBLU was launched on Mar 4, 2025 and is issued by Tuttle Capital Management.