Short Interest in T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) Drops By 70.7%

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,282,188 shares, a decline of 70.7% from the June 15th total of 4,375,195 shares. Currently, 4.3% of the shares of the company are short sold. Based on an average daily trading volume, of 21,877,300 shares, the days-to-cover ratio is presently 0.1 days.

T-Rex 2X Inverse MSTR Daily Target ETF Stock Down 1.6%

MSTZ traded down $0.20 during trading on Friday, hitting $12.52. The company’s stock had a trading volume of 9,017,557 shares, compared to its average volume of 19,687,039. The business’s 50 day simple moving average is $8.94 and its 200-day simple moving average is $11.35. T-Rex 2X Inverse MSTR Daily Target ETF has a one year low of $3.09 and a one year high of $28.71.

Institutional Trading of T-Rex 2X Inverse MSTR Daily Target ETF

A hedge fund recently bought a new position in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC acquired a new position in T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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.

T-Rex 2X Inverse MSTR Daily Target ETF Company Profile

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.