T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) Short Interest Down 45.8% in May

T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 211,842 shares, a decline of 45.8% from the May 14th total of 390,719 shares. Currently, 16.3% of the company’s stock are short sold. Based on an average daily volume of 12,474,170 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in T-Rex 2X Inverse Bitcoin Daily Target ETF stock. Flow Traders U.S. LLC purchased a new position in shares of T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 38,961 shares of the company’s stock, valued at approximately $110,000. Flow Traders U.S. LLC owned about 3.00% of T-Rex 2X Inverse Bitcoin Daily Target ETF as of its most recent SEC filing.

T-Rex 2X Inverse Bitcoin Daily Target ETF Stock Up 0.2%

BATS:BTCZ opened at $5.79 on Friday. T-Rex 2X Inverse Bitcoin Daily Target ETF has a twelve month low of $2.30 and a twelve month high of $7.34. The stock’s 50 day moving average price is $4.59 and its two-hundred day moving average price is $4.68.

About T-Rex 2X Inverse Bitcoin Daily Target ETF

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.