T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) Short Interest Up 122.2% in August

T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 128,051 shares, a growth of 122.2% from the July 30th total of 57,629 shares. Currently, 12.2% of the company’s shares are short sold. Based on an average daily volume of 48,201 shares, the short-interest ratio is presently 2.7 days.

T-Rex 2X Long Bitcoin Daily Target ETF Stock Performance

BATS:BTCL opened at $17.70 on Monday. The stock has a fifty day simple moving average of $13.01 and a 200 day simple moving average of $15.47. T-Rex 2X Long Bitcoin Daily Target ETF has a 1-year low of $10.40 and a 1-year high of $68.29.

About T-Rex 2X Long Bitcoin Daily Target ETF

The T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Bitcoin, less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. BTCL was launched on Jul 10, 2024 and is issued by Tuttle Capital Management.