Short Interest in T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Declines By 87.2%

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTUGet Free Report) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 4,159,112 shares, a drop of 87.2% from the August 15th total of 32,613,110 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 12,805,347 shares, the short-interest ratio is currently 0.3 days.

T-Rex 2X Long MSTR Daily Target ETF Price Performance

Shares of BATS MSTU opened at $30.41 on Friday. The business has a 50 day simple moving average of $23.10 and a 200 day simple moving average of $41.82. T-Rex 2X Long MSTR Daily Target ETF has a 52 week low of $14.60 and a 52 week high of $591.00.

T-Rex 2X Long MSTR Daily Target ETF Dividend Announcement

The firm also recently announced a special dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 25th were paid a $0.2881 dividend. The ex-dividend date was Tuesday, August 25th.

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

Several large investors have recently added to or reduced their stakes in MSTU. Apollon Wealth Management LLC bought a new position in shares of T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter valued at $42,000. NorthRock Partners LLC bought a new stake in T-Rex 2X Long MSTR Daily Target ETF in the third quarter worth $46,000. NewEdge Advisors LLC bought a new stake in T-Rex 2X Long MSTR Daily Target ETF in the first quarter worth $51,000. Turner Financial Group Inc. acquired a new position in T-Rex 2X Long MSTR Daily Target ETF during the second quarter worth $51,000. Finally, Focus Partners Wealth acquired a new position in T-Rex 2X Long MSTR Daily Target ETF during the third quarter worth $70,000.

About T-Rex 2X Long MSTR Daily Target ETF

(Get Free Report)

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) 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 of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.

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