Short Interest in T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) Drops By 64.9%

T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 48,724 shares, a drop of 64.9% from the July 30th total of 138,853 shares. Based on an average trading volume of 337,388 shares, the short-interest ratio is presently 0.1 days. Approximately 19.5% of the shares of the company are short sold.

Institutional Trading of T-Rex 2X Long NFLX Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Long NFLX Daily Target ETF stock. Flow Traders U.S. LLC purchased a new position in shares of T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,806 shares of the company’s stock, valued at approximately $216,000. Flow Traders U.S. LLC owned 1.52% of T-Rex 2X Long NFLX Daily Target ETF as of its most recent filing with the Securities and Exchange Commission.

T-Rex 2X Long NFLX Daily Target ETF Price Performance

T-Rex 2X Long NFLX Daily Target ETF stock opened at $19.72 on Friday. The firm has a 50-day moving average price of $17.70 and a two-hundred day moving average price of $24.23. T-Rex 2X Long NFLX Daily Target ETF has a 52-week low of $13.33 and a 52-week high of $63.88.

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

The T-Rex 2X Long NFLX Daily Target ETF (NFLU) is an exchange-traded fund that mostly invests in communication services equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Netflix Inc stock, less fees, and expenses. NFLU was launched on Sep 27, 2024 and is issued by Tuttle Capital Management.