T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Get Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 400,505 shares, a growth of 89.1% from the May 31st total of 211,842 shares. Approximately 30.8% of the shares of the stock are short sold. Based on an average daily volume of 29,061,753 shares, the days-to-cover ratio is currently 0.0 days.
T-Rex 2X Inverse Bitcoin Daily Target ETF Price Performance
Shares of BTCZ opened at $6.64 on Wednesday. T-Rex 2X Inverse Bitcoin Daily Target ETF has a 12 month low of $2.30 and a 12 month high of $7.34. The stock’s 50 day moving average is $4.86 and its two-hundred day moving average is $4.85.
Institutional Investors Weigh In On T-Rex 2X Inverse Bitcoin Daily Target ETF
A hedge fund recently bought a new position in T-Rex 2X Inverse Bitcoin Daily Target ETF stock. Flow Traders U.S. LLC acquired a new position in shares of T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,961 shares of the company’s stock, valued at approximately $110,000. Flow Traders U.S. LLC owned 3.00% of T-Rex 2X Inverse Bitcoin Daily Target ETF as of its most recent filing with the Securities & Exchange Commission.
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.
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