T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) Sees Significant Growth in Short Interest

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 8,436,485 shares, a growth of 564.9% from the August 15th total of 1,268,926 shares. Based on an average daily trading volume, of 25,560,427 shares, the short-interest ratio is presently 0.3 days. Currently, 28.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC bought a new stake in shares of T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 86,254 shares of the company’s stock, valued at approximately $454,000. Flow Traders U.S. LLC owned approximately 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 Price Performance

Shares of MSTZ stock opened at $4.36 on Friday. The company’s fifty day simple moving average is $9.29 and its two-hundred day simple moving average is $9.42. T-Rex 2X Inverse MSTR Daily Target ETF has a 1 year low of $3.61 and a 1 year high of $28.71.

About T-Rex 2X Inverse MSTR Daily Target ETF

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.