T-Rex 2X Long Apple Daily Target ETF (BATS:AAPX) Sees Large Drop in Short Interest

T-Rex 2X Long Apple Daily Target ETF (BATS:AAPX) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 10,823 shares, a decrease of 95.1% from the May 14th total of 222,480 shares. Based on an average daily trading volume, of 56,303 shares, the days-to-cover ratio is presently 0.2 days. Currently, 1.6% of the company’s shares are short sold.

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

T-Rex 2X Long Apple Daily Target ETF stock opened at $32.55 on Thursday. The business has a 50 day moving average of $31.56 and a 200-day moving average of $29.83. T-Rex 2X Long Apple Daily Target ETF has a 1 year low of $17.22 and a 1 year high of $38.62. The company has a market capitalization of $22.13 million, a P/E ratio of 29.81 and a beta of 2.02.

About T-Rex 2X Long Apple Daily Target ETF

The T-Rex 2X Long Apple Daily Target ETF (AAPX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Apple, Inc stock, less fees, and expenses. AAPX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.