Short Interest in T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Drops By 67.4%

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 52,696 shares, a decrease of 67.4% from the July 15th total of 161,858 shares. Based on an average daily volume of 97,887 shares, the short-interest ratio is presently 0.5 days. Currently, 87.8% of the shares of the stock are short sold.

T-REX 2X Long SNOW Daily Target ETF Trading Down 6.0%

Shares of BATS SNOU opened at $66.00 on Friday. T-REX 2X Long SNOW Daily Target ETF has a 1 year low of $10.51 and a 1 year high of $76.32. The company has a 50 day simple moving average of $46.41 and a 200 day simple moving average of $31.17.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC bought a new position in shares of T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned about 13.33% of T-REX 2X Long SNOW Daily Target ETF as of its most recent SEC filing.

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

The T-REX 2X Long SNOW Daily Target ETF (SNOU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.