T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Sees Large Increase in Short Interest

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 97,560 shares, an increase of 229.9% from the June 15th total of 29,569 shares. Approximately 162.6% of the company’s shares are short sold. Based on an average daily trading volume, of 169,195 shares, the short-interest ratio is currently 0.6 days.

T-REX 2X Long SNOW Daily Target ETF Price Performance

Shares of SNOU opened at $42.89 on Monday. The company’s 50 day simple moving average is $31.49 and its 200 day simple moving average is $28.80. T-REX 2X Long SNOW Daily Target ETF has a 1 year low of $10.51 and a 1 year high of $76.32.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC purchased a new position in shares of T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned 13.33% of T-REX 2X Long SNOW Daily Target ETF as of its most recent SEC filing.

About T-REX 2X Long SNOW Daily Target ETF

The T-REX 2X Long SNOW Daily Target ETF (SNOU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.