T-Rex 2X Long DJT Daily Target ETF (BATS:DJTU) Sees Significant Increase in Short Interest

T-Rex 2X Long DJT Daily Target ETF (BATS:DJTU) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 537,864 shares, an increase of 125.4% from the April 15th total of 238,648 shares. Currently, 76.8% of the company’s shares are sold short. Based on an average daily volume of 784,217 shares, the days-to-cover ratio is presently 0.7 days.

T-Rex 2X Long DJT Daily Target ETF Trading Down 6.7%

BATS DJTU opened at $1.32 on Friday. T-Rex 2X Long DJT Daily Target ETF has a twelve month low of $1.30 and a twelve month high of $26.65. The stock has a fifty day simple moving average of $1.65 and a 200-day simple moving average of $3.05.

About T-Rex 2X Long DJT Daily Target ETF

The T-REX 2X Long DJT Daily Target ETF (DJTU) is an exchange-traded fund that mostly invests in communication services equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Trump Media & Technology Group Corp. stock (NASDAQ: DJT), less fees and expenses. DJTU was launched on Feb 28, 2025 and is issued by Tuttle Capital Management.