T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) Short Interest Update

T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 205,362 shares, a drop of 45.1% from the June 15th total of 373,804 shares. Based on an average trading volume of 281,649 shares, the days-to-cover ratio is presently 0.7 days. Currently, 82.1% of the company’s shares are short sold.

Institutional Trading of T-Rex 2X Long NFLX Daily Target ETF

An institutional investor recently bought a new position in T-Rex 2X Long NFLX Daily Target ETF stock. Hollencrest Capital Management bought a new position in shares of T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,500 shares of the company’s stock, valued at approximately $80,000. Hollencrest Capital Management owned approximately 1.00% of T-Rex 2X Long NFLX Daily Target ETF as of its most recent filing with the Securities and Exchange Commission.

T-Rex 2X Long NFLX Daily Target ETF Price Performance

NFLU stock opened at $17.37 on Thursday. The stock has a 50-day moving average price of $21.59 and a two-hundred day moving average price of $26.56. T-Rex 2X Long NFLX Daily Target ETF has a 12-month low of $16.33 and a 12-month high of $67.44.

About T-Rex 2X Long NFLX Daily Target ETF

The T-Rex 2X Long NFLX Daily Target ETF (NFLU) is an exchange-traded fund that mostly invests in communication services equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Netflix Inc stock, less fees, and expenses. NFLU was launched on Sep 27, 2024 and is issued by Tuttle Capital Management.