T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) Sees Large Growth in Short Interest

T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 8,436,485 shares, a growth of 564.9% from the August 15th total of 1,268,926 shares. Based on an average daily volume of 25,560,427 shares, the days-to-cover ratio is currently 0.3 days. Currently, 28.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On T-Rex 2X Inverse MSTR Daily Target ETF

A hedge fund recently bought a new position in T-Rex 2X Inverse MSTR Daily Target ETF stock. Flow Traders U.S. LLC bought a new position in shares of T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 86,254 shares of the company’s stock, valued at approximately $454,000. Flow Traders U.S. LLC owned 0.29% of T-Rex 2X Inverse MSTR Daily Target ETF as of its most recent SEC filing.

T-Rex 2X Inverse MSTR Daily Target ETF Price Performance

MSTZ stock opened at $4.36 on Friday. T-Rex 2X Inverse MSTR Daily Target ETF has a 12 month low of $3.61 and a 12 month high of $28.71. The firm has a 50 day simple moving average of $9.29 and a 200 day simple moving average of $9.42.

T-Rex 2X Inverse MSTR Daily Target ETF Company Profile

The T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTZ was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.