T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) Stock Short Interest Climbs 98.5%

T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 857,596 shares, a growth of 98.5% from the October 15th total of 432,081 shares. Approximately 66.0% of the shares of the stock are sold short. Based on an average daily volume of 16,423,821 shares, the short-interest ratio is presently 0.1 days.

T-Rex 2X Inverse Bitcoin Daily Target ETF Stock Up 7.2%

Shares of BATS BTCZ traded up $0.28 during midday trading on Friday, reaching $4.18. The company’s stock had a trading volume of 30,621,815 shares, compared to its average volume of 18,983,170. T-Rex 2X Inverse Bitcoin Daily Target ETF has a one year low of $2.69 and a one year high of $7.34. The company has a 50 day moving average price of $3.20 and a 200 day moving average price of $4.62.

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

The T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ) is an exchange-traded fund that mostly invests in long usd, short btc currency. The fund aims to provide (-2x) inverse exposure to the daily price movement of spot Bitcoin, less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. BTCZ was launched on Jul 10, 2024 and is issued by Tuttle Capital Management.