Short Interest in T-REX 2X Long SpaceX Daily Target ETF (NYSEARCA:SPAX) Increases By ∞

T-REX 2X Long SpaceX Daily Target ETF (NYSEARCA:SPAX) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 217,522 shares, an increase of ∞ from the June 15th total of 0 shares. Approximately 7.4% of the shares of the company are sold short. Based on an average daily trading volume, of 2,924,495 shares, the days-to-cover ratio is presently 0.1 days.

T-REX 2X Long SpaceX Daily Target ETF Stock Performance

Shares of T-REX 2X Long SpaceX Daily Target ETF stock traded down $0.96 on Friday, hitting $7.90. 1,818,292 shares of the company’s stock were exchanged, compared to its average volume of 2,157,171. T-REX 2X Long SpaceX Daily Target ETF has a 1 year low of $7.65 and a 1 year high of $28.05. The company has a 50-day simple moving average of $17.23 and a 200-day simple moving average of $19.20. The stock has a market capitalization of $24.02 million, a PE ratio of 33.95 and a beta of 0.04.

About T-REX 2X Long SpaceX Daily Target ETF

The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is managed by Robinson.