T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Get Free Report) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 857,596 shares, an increase of 98.5% from the October 15th total of 432,081 shares. Currently, 66.0% of the company’s shares are short sold. Based on an average trading volume of 16,423,821 shares, the days-to-cover ratio is currently 0.1 days.
T-Rex 2X Inverse Bitcoin Daily Target ETF Trading Up 7.2%
BATS BTCZ traded up $0.28 on Friday, hitting $4.18. 30,621,815 shares of the stock were exchanged, compared to its average volume of 18,983,170. T-Rex 2X Inverse Bitcoin Daily Target ETF has a 52-week low of $2.69 and a 52-week high of $7.34. The company’s 50-day moving average price is $3.20 and its two-hundred day moving average price is $4.62.
T-Rex 2X Inverse Bitcoin Daily Target ETF Company Profile
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.
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