T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) Sees Large Decrease in Short Interest

T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 205,362 shares, a decrease of 45.1% from the June 15th total of 373,804 shares. Approximately 82.1% of the company’s shares are sold short. Based on an average daily trading volume, of 281,649 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of T-Rex 2X Long NFLX Daily Target ETF

An institutional investor recently bought a new position in T-Rex 2X Long NFLX Daily Target ETF stock. Hollencrest Capital Management bought a new position in shares of T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,500 shares of the company’s stock, valued at approximately $80,000. Hollencrest Capital Management owned about 1.00% of T-Rex 2X Long NFLX Daily Target ETF at the end of the most recent quarter.

T-Rex 2X Long NFLX Daily Target ETF Trading Down 1.3%

Shares of BATS NFLU opened at $17.29 on Wednesday. T-Rex 2X Long NFLX Daily Target ETF has a fifty-two week low of $16.33 and a fifty-two week high of $67.44. The business’s 50 day moving average price is $21.77 and its 200-day moving average price is $26.66.

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

The T-Rex 2X Long NFLX Daily Target ETF (NFLU) 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 Netflix Inc stock, less fees, and expenses. NFLU was launched on Sep 27, 2024 and is issued by Tuttle Capital Management.