T-Rex 2X Long Ether Daily Target ETF (BATS:ETU) Short Interest Down 55.9% in July

T-Rex 2X Long Ether Daily Target ETF (BATS:ETU) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 162,859 shares, a decrease of 55.9% from the June 30th total of 369,292 shares. Approximately 23.9% of the company’s stock are sold short. Based on an average daily volume of 101,508 shares, the short-interest ratio is currently 1.6 days.

T-Rex 2X Long Ether Daily Target ETF Stock Down 3.1%

Shares of ETU stock opened at $4.36 on Wednesday. T-Rex 2X Long Ether Daily Target ETF has a 52-week low of $2.86 and a 52-week high of $48.91. The company has a 50-day simple moving average of $4.08 and a two-hundred day simple moving average of $6.61.

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

The T-Rex 2X Long Ether Daily Target ETF (ETU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Ether (ETH), less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. ETU was launched on Oct 23, 2024 and is issued by Tuttle Capital Management.