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

T-Rex 2X Long RBLX Daily Target ETF (BATS:RBLU) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 67,093 shares, a drop of 51.4% from the May 14th total of 138,009 shares. Based on an average daily volume of 357,098 shares, the short-interest ratio is presently 0.2 days. Currently, 95.8% of the company’s shares are short sold.

Institutional Investors Weigh In On T-Rex 2X Long RBLX Daily Target ETF

An institutional investor recently raised its position in T-Rex 2X Long RBLX Daily Target ETF stock. Optiver Holding B.V. increased its position in shares of T-Rex 2X Long RBLX Daily Target ETF (BATS:RBLU) by 127.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,537 shares of the company’s stock after purchasing an additional 6,469 shares during the period. Optiver Holding B.V. owned 16.48% of T-Rex 2X Long RBLX Daily Target ETF worth $1,146,000 at the end of the most recent quarter.

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

T-Rex 2X Long RBLX Daily Target ETF stock opened at $5.93 on Friday. T-Rex 2X Long RBLX Daily Target ETF has a 12-month low of $5.33 and a 12-month high of $123.05. The company has a 50-day moving average price of $8.84 and a 200 day moving average price of $18.93.

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

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.