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

T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 135,507 shares, a growth of 119.0% from the August 31st total of 61,878 shares. Based on an average trading volume of 17,608,215 shares, the days-to-cover ratio is presently 0.0 days. Currently, 10.4% of the company’s shares are short sold.

T-Rex 2X Inverse Bitcoin Daily Target ETF Price Performance

Shares of T-Rex 2X Inverse Bitcoin Daily Target ETF stock traded up $0.01 during midday trading on Tuesday, reaching $2.96. The company had a trading volume of 5,754,965 shares, compared to its average volume of 18,758,480. The stock has a fifty day moving average price of $4.26 and a 200 day moving average price of $4.77. T-Rex 2X Inverse Bitcoin Daily Target ETF has a fifty-two week low of $2.30 and a fifty-two week high of $7.34.

About T-Rex 2X Inverse Bitcoin Daily Target ETF

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