Corgi INTC 2x Daily ETF (BATS:INT) Sees Significant Increase in Short Interest

Corgi INTC 2x Daily ETF (BATS:INT) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 4,761 shares, an increase of 53.0% from the July 15th total of 3,111 shares. Based on an average daily trading volume, of 34,698 shares, the days-to-cover ratio is presently 0.1 days.

Corgi INTC 2x Daily ETF Price Performance

BATS INT opened at $19.67 on Tuesday. Corgi INTC 2x Daily ETF has a 52 week low of $12.66 and a 52 week high of $23.93.

Insider Activity

In other Corgi INTC 2x Daily ETF news, EVP Jose-Miguel Tejada sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $37.16, for a total value of $222,960.00. Following the completion of the transaction, the executive vice president owned 35,676 shares in the company, valued at $1,325,720.16. This represents a 14.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Michael J. Kasbar sold 10,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $39.41, for a total transaction of $394,100.00. Following the completion of the sale, the chairman directly owned 976,450 shares of the company’s stock, valued at $38,481,894.50. This trade represents a 1.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 49,445 shares of company stock worth $1,952,519.

World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy management company that supplies and distributes fuel, energy, and related products and services to commercial, industrial, government, and transportation customers worldwide. The company serves aviation, marine, and land-based transportation markets, as well as other commercial and industrial sectors.

Its offerings include aviation fuel, marine fuel and lubricants, diesel, gasoline, natural gas, electricity, and renewable energy products.