T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) Short Interest Update

T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 57,629 shares, a drop of 83.6% from the July 15th total of 351,429 shares. Based on an average daily volume of 66,909 shares, the short-interest ratio is presently 0.9 days. Currently, 5.5% of the company’s stock are sold short.

T-Rex 2X Long Bitcoin Daily Target ETF Trading Down 0.1%

BATS:BTCL opened at $12.03 on Friday. T-Rex 2X Long Bitcoin Daily Target ETF has a one year low of $10.40 and a one year high of $68.29. The stock has a 50-day simple moving average of $12.27 and a 200 day simple moving average of $16.01.

T-Rex 2X Long Bitcoin Daily Target ETF Company Profile

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.