Short Interest in T-Rex 2X Long Alphabet Daily Target ETF (BATS:GOOX) Declines By 35.4%

T-Rex 2X Long Alphabet Daily Target ETF (BATS:GOOX) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 34,076 shares, a decline of 35.4% from the May 14th total of 52,733 shares. Based on an average daily volume of 66,960 shares, the days-to-cover ratio is currently 0.5 days. Approximately 4.2% of the company’s stock are short sold.

T-Rex 2X Long Alphabet Daily Target ETF Stock Up 5.0%

BATS GOOX opened at $87.51 on Tuesday. The firm’s fifty day simple moving average is $85.99 and its two-hundred day simple moving average is $75.23. T-Rex 2X Long Alphabet Daily Target ETF has a 12-month low of $20.83 and a 12-month high of $107.50.

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

The T-Rex 2X Long Alphabet Daily Target ETF (GOOX) 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 Alphabet Inc stock, less fees, and expenses. GOOX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.