Corgi INTC 2x Daily ETF (BATS:INT) Sees Large Increase in Short Interest

Corgi INTC 2x Daily ETF (BATS:INT) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 11,848 shares, an increase of 148.9% from the July 30th total of 4,761 shares. Based on an average trading volume of 18,813 shares, the days-to-cover ratio is currently 0.6 days.

Insider Activity

In related news, Director Paul H. Stebbins sold 33,445 shares of Corgi INTC 2x Daily ETF stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $39.93, for a total value of $1,335,458.85. Following the completion of the sale, the director directly owned 58,878 shares in the company, valued at $2,350,998.54. This trade represents a 36.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Michael J. Kasbar sold 10,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $39.41, for a total value of $394,100.00. Following the sale, the chairman directly owned 976,450 shares of the company’s stock, valued at $38,481,894.50. This represents a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 49,445 shares of company stock valued at $1,952,519 over the last 90 days.

Corgi INTC 2x Daily ETF Price Performance

Corgi INTC 2x Daily ETF stock opened at $14.93 on Friday. Corgi INTC 2x Daily ETF has a 1 year low of $12.66 and a 1 year high of $23.93.

World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy management company that supplies and distributes fuel, energy, and related products and services to commercial, industrial, government, and transportation customers worldwide. The company serves aviation, marine, and land-based transportation markets, as well as other commercial and industrial sectors.

Its offerings include aviation fuel, marine fuel and lubricants, diesel, gasoline, natural gas, electricity, and renewable energy products.