T-REX 2X Inverse CRWV Daily Target ETF (BATS:CORD) Shares Shorted: Short Interest Up 165.9% in October

T-REX 2X Inverse CRWV Daily Target ETF (BATS:CORD) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 736,530 shares, an increase of 165.9% from the October 15th total of 277,040 shares. Currently, 10.7% of the shares of the company are short sold. Based on an average trading volume of 21,389,024 shares, the days-to-cover ratio is currently 0.0 days.

T-REX 2X Inverse CRWV Daily Target ETF Stock Performance

Shares of CORD stock traded up $0.47 during trading hours on Friday, hitting $4.14. 29,778,565 shares of the company were exchanged, compared to its average volume of 7,863,282. T-REX 2X Inverse CRWV Daily Target ETF has a 52-week low of $1.87 and a 52-week high of $67.54.

About T-REX 2X Inverse CRWV Daily Target ETF

T-REX 2X Inverse CRWV Daily Target ETF (BATS: CORD) is an exchange-traded fund designed to provide approximately two times the inverse, or opposite, of the daily performance of CoreWeave, Inc. common stock under normal market conditions. The fund is intended for investors seeking short-term bearish exposure to CoreWeave’s share price through a single exchange-traded product. To pursue its objective, the ETF generally uses derivatives, such as swap agreements, rather than directly shorting or holding the underlying company’s stock.