T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 400,505 shares, an increase of 89.1% from the May 31st total of 211,842 shares. Based on an average daily volume of 29,061,753 shares, the short-interest ratio is presently 0.0 days. Currently, 30.8% of the shares of the company are sold short.
T-Rex 2X Inverse Bitcoin Daily Target ETF Price Performance
Shares of BATS BTCZ opened at $6.64 on Wednesday. The company’s fifty day moving average price is $4.86 and its 200 day moving average price is $4.85. T-Rex 2X Inverse Bitcoin Daily Target ETF has a 1 year low of $2.30 and a 1 year high of $7.34.
Institutional Investors Weigh In On T-Rex 2X Inverse Bitcoin Daily Target ETF
An institutional investor recently bought a new stake in T-Rex 2X Inverse Bitcoin Daily Target ETF stock. Flow Traders U.S. LLC bought a new stake in shares of T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 38,961 shares of the company’s stock, valued at approximately $110,000. Flow Traders U.S. LLC owned 3.00% of T-Rex 2X Inverse Bitcoin Daily Target ETF as of its most recent SEC filing.
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.
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