T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Sees Large Increase in Short Interest

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 130,888 shares, an increase of 148.4% from the July 30th total of 52,696 shares. Currently, 218.1% of the company’s stock are sold short. Based on an average daily trading volume, of 65,070 shares, the days-to-cover ratio is currently 2.0 days.

Hedge Funds Weigh In On T-REX 2X Long SNOW Daily Target ETF

An institutional investor recently bought a new stake in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC purchased a new stake in T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned approximately 13.33% of T-REX 2X Long SNOW Daily Target ETF as of its most recent SEC filing.

T-REX 2X Long SNOW Daily Target ETF Trading Down 0.8%

SNOU opened at $65.36 on Friday. The stock has a 50-day moving average of $52.08 and a 200-day moving average of $33.45. T-REX 2X Long SNOW Daily Target ETF has a 52-week low of $10.51 and a 52-week high of $76.32.

About T-REX 2X Long SNOW Daily Target ETF

The T-REX 2X Long SNOW Daily Target ETF (SNOU) 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 ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.