Short Interest in T-REX 2X Long GME Daily Target ETF (BATS:GMEU) Drops By 58.7%

T-REX 2X Long GME Daily Target ETF (BATS:GMEU) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 179,556 shares, a decline of 58.7% from the June 15th total of 434,577 shares. Based on an average daily trading volume, of 202,060 shares, the short-interest ratio is presently 0.9 days. Approximately 6.7% of the company’s shares are sold short.

T-REX 2X Long GME Daily Target ETF Stock Performance

Shares of T-REX 2X Long GME Daily Target ETF stock opened at $8.16 on Tuesday. The business has a 50 day moving average of $8.57 and a 200 day moving average of $10.02. T-REX 2X Long GME Daily Target ETF has a 52 week low of $7.51 and a 52 week high of $18.98.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in T-REX 2X Long GME Daily Target ETF stock. Triumph Capital Management bought a new position in T-REX 2X Long GME Daily Target ETF (BATS:GMEU) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 26,420 shares of the company’s stock, valued at approximately $230,000. Triumph Capital Management owned 0.98% of T-REX 2X Long GME Daily Target ETF at the end of the most recent quarter.

T-REX 2X Long GME Daily Target ETF Company Profile

The T-REX 2X Long GME Daily Target ETF (GMEU) is an exchange-traded fund that is based on the GameStop Corp. Class A index. The fund aims to provide 2x leveraged exposure to the daily price movement of GameStop Corp. stock (NYSE: GME), less fees and expenses. GMEU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.