T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) Short Interest Down 83.9% in May

T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCLGet Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 42,996 shares, a decrease of 83.9% from the April 30th total of 267,757 shares. Currently, 4.1% of the company’s stock are short sold. Based on an average daily volume of 64,604 shares, the short-interest ratio is presently 0.7 days.

T-Rex 2X Long Bitcoin Daily Target ETF Stock Down 2.6%

Shares of BATS BTCL opened at $17.94 on Thursday. T-Rex 2X Long Bitcoin Daily Target ETF has a 1-year low of $13.68 and a 1-year high of $68.29. The company has a fifty day moving average price of $18.25 and a 200 day moving average price of $23.86.

About T-Rex 2X Long Bitcoin Daily Target ETF

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

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