T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 297,324 shares, a decline of 52.2% from the June 30th total of 621,801 shares. Based on an average daily volume of 21,699,702 shares, the days-to-cover ratio is currently 0.0 days. Currently, 22.9% of the company’s stock are short sold.
Hedge Funds Weigh In On T-Rex 2X Inverse Bitcoin Daily Target ETF
An institutional investor recently bought a new stake in T-Rex 2X Inverse Bitcoin Daily Target ETF stock. Flow Traders U.S. LLC bought a new position in shares of T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 38,961 shares of the company’s stock, valued at approximately $110,000. Flow Traders U.S. LLC owned 3.00% of T-Rex 2X Inverse Bitcoin Daily Target ETF at the end of the most recent quarter.
T-Rex 2X Inverse Bitcoin Daily Target ETF Trading Up 1.1%
Shares of BTCZ stock opened at $5.57 on Thursday. T-Rex 2X Inverse Bitcoin Daily Target ETF has a one year low of $2.30 and a one year high of $7.34. The company has a fifty day moving average price of $5.53 and a two-hundred day moving average price of $5.07.
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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