T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Sees Significant Drop in Short Interest

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 52,696 shares, a decrease of 67.4% from the July 15th total of 161,858 shares. Approximately 87.8% of the shares of the stock are sold short. Based on an average daily volume of 97,887 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On T-REX 2X Long SNOW Daily Target ETF

An institutional investor recently bought a new position in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC bought a new position in T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned about 13.33% of T-REX 2X Long SNOW Daily Target ETF at the end of the most recent quarter.

T-REX 2X Long SNOW Daily Target ETF Stock Performance

Shares of BATS:SNOU opened at $66.00 on Friday. The business has a fifty day moving average of $46.41 and a 200-day moving average of $31.17. T-REX 2X Long SNOW Daily Target ETF has a twelve month low of $10.51 and a twelve month high of $76.32.

About T-REX 2X Long SNOW Daily Target ETF

The T-REX 2X Long SNOW Daily Target ETF (SNOU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.