T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) Short Interest Update

T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 57,629 shares, a drop of 83.6% from the July 15th total of 351,429 shares. Based on an average daily volume of 66,909 shares, the days-to-cover ratio is presently 0.9 days. Approximately 5.5% of the shares of the company are short sold.

T-Rex 2X Long Bitcoin Daily Target ETF Trading Down 0.2%

Shares of BATS BTCL opened at $12.04 on Thursday. The business’s 50 day moving average price is $12.29 and its 200 day moving average price is $16.14. T-Rex 2X Long Bitcoin Daily Target ETF has a 52 week low of $10.40 and a 52 week high of $68.29.

About T-Rex 2X Long Bitcoin Daily Target ETF

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