T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) Sees Large Increase in Short Interest

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 4,945,996 shares, a growth of 922.4% from the April 30th total of 483,763 shares. Based on an average daily volume of 25,438,582 shares, the short-interest ratio is presently 0.2 days. Approximately 16.5% of the shares of the stock are sold short.

T-Rex 2X Inverse MSTR Daily Target ETF Stock Up 7.3%

Shares of BATS MSTZ traded up $0.44 during midday trading on Wednesday, hitting $6.49. The company had a trading volume of 16,515,401 shares, compared to its average volume of 18,903,725. T-Rex 2X Inverse MSTR Daily Target ETF has a twelve month low of $3.09 and a twelve month high of $28.71. The business has a 50-day simple moving average of $8.23 and a two-hundred day simple moving average of $11.68.

Institutional Investors Weigh In On T-Rex 2X Inverse MSTR Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC acquired a new position in shares of T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 86,254 shares of the company’s stock, valued at approximately $454,000. Flow Traders U.S. LLC owned 0.29% of T-Rex 2X Inverse MSTR Daily Target ETF as of its most recent SEC filing.

About T-Rex 2X Inverse MSTR Daily Target ETF

The T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTZ was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.