T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL – Get Free Report) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 101,356 shares, a drop of 46.6% from the September 30th total of 189,650 shares. Based on an average daily volume of 64,362 shares, the days-to-cover ratio is currently 1.6 days. Approximately 9.7% of the shares of the stock are sold short.
T-Rex 2X Long Bitcoin Daily Target ETF Price Performance
BATS BTCL opened at $16.46 on Monday. The stock’s 50 day moving average is $18.91 and its 200 day moving average is $17.34. T-Rex 2X Long Bitcoin Daily Target ETF has a 12 month low of $10.40 and a 12 month high of $51.10.
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.
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