T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) Short Interest Up 194.1% in June

T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 268,308 shares, an increase of 194.1% from the May 31st total of 91,223 shares. Currently, 25.6% of the company’s stock are short sold. Based on an average trading volume of 177,006 shares, the days-to-cover ratio is currently 1.5 days.

T-Rex 2X Long Bitcoin Daily Target ETF Trading Up 2.0%

BTCL stock opened at $11.24 on Tuesday. T-Rex 2X Long Bitcoin Daily Target ETF has a fifty-two week low of $10.42 and a fifty-two week high of $68.29. The business’s 50 day moving average price is $16.62 and its two-hundred day moving average price is $20.32.

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

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.