T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) Sees Large Increase in Short Interest

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 4,945,996 shares, an increase of 922.4% from the April 30th total of 483,763 shares. Based on an average daily volume of 25,438,582 shares, the short-interest ratio is presently 0.2 days. Approximately 16.5% of the company’s stock are short sold.

Institutional Trading of T-Rex 2X Inverse MSTR Daily Target ETF

An institutional investor recently bought a new position in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC purchased a new stake in T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 86,254 shares of the company’s stock, valued at approximately $454,000. Flow Traders U.S. LLC owned approximately 0.29% of T-Rex 2X Inverse MSTR Daily Target ETF at the end of the most recent reporting period.

T-Rex 2X Inverse MSTR Daily Target ETF Trading Up 7.3%

Shares of BATS MSTZ traded up $0.44 during trading on Wednesday, reaching $6.49. 16,515,401 shares of the stock were exchanged, compared to its average volume of 18,903,725. The business’s 50-day moving average price is $8.23 and its 200 day moving average price is $11.68. T-Rex 2X Inverse MSTR Daily Target ETF has a twelve month low of $3.09 and a twelve month high of $28.71.

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

The T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTZ was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.