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

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,282,188 shares, a drop of 70.7% from the June 15th total of 4,375,195 shares. Approximately 4.3% of the company’s shares are sold short. Based on an average daily trading volume, of 21,877,300 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On T-Rex 2X Inverse MSTR Daily Target ETF

An institutional investor recently bought a new stake in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC acquired a new position in T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 86,254 shares of the company’s stock, valued at approximately $454,000. Flow Traders U.S. LLC owned about 0.29% of T-Rex 2X Inverse MSTR Daily Target ETF as of its most recent SEC filing.

T-Rex 2X Inverse MSTR Daily Target ETF Trading Down 0.1%

BATS:MSTZ opened at $12.52 on Monday. T-Rex 2X Inverse MSTR Daily Target ETF has a one year low of $3.09 and a one year high of $28.71. The firm’s 50 day simple moving average is $8.94 and its 200 day simple moving average is $11.33.

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.