Short Interest in T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) Declines By 85.2%

T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 276,110 shares, a drop of 85.2% from the April 30th total of 1,867,380 shares. Based on an average daily volume of 1,837,876 shares, the days-to-cover ratio is presently 0.2 days. Currently, 8.0% of the company’s stock are short sold.

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

BATS ROBN opened at $23.13 on Friday. The company has a fifty day simple moving average of $20.08 and a 200 day simple moving average of $39.27. T-Rex 2X Long HOOD Daily Target ETF has a 12-month low of $14.49 and a 12-month high of $123.06.

Hedge Funds Weigh In On T-Rex 2X Long HOOD Daily Target ETF

A hedge fund recently raised its stake in T-Rex 2X Long HOOD Daily Target ETF stock. SBI Securities Co. Ltd. grew its position in shares of T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) by 218.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,686 shares of the company’s stock after acquiring an additional 3,213 shares during the quarter. SBI Securities Co. Ltd. owned 0.14% of T-Rex 2X Long HOOD Daily Target ETF worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About T-Rex 2X Long HOOD Daily Target ETF

The T-Rex 2X Long HOOD Daily Target ETF (ROBN) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Robinhood Markets Inc stock, less fees, and expenses. ROBN was launched on Jan 31, 2025 and is issued by Tuttle Capital Management.