Short Interest in T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) Decreases By 64.5%

T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 511,853 shares, a drop of 64.5% from the July 15th total of 1,441,366 shares. Currently, 14.8% of the company’s shares are sold short. Based on an average daily trading volume, of 728,635 shares, the days-to-cover ratio is presently 0.7 days.

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

ROBN opened at $27.63 on Friday. The stock’s 50 day moving average price is $29.66 and its 200-day moving average price is $25.35. T-Rex 2X Long HOOD Daily Target ETF has a 52-week low of $14.49 and a 52-week high of $123.06.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in T-Rex 2X Long HOOD Daily Target ETF stock. Jump Financial LLC acquired a new position in T-Rex 2X Long HOOD Daily Target ETF (BATS:ROBN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,905 shares of the company’s stock, valued at approximately $320,000. Jump Financial LLC owned approximately 0.17% of T-Rex 2X Long HOOD Daily Target ETF at the end of the most recent quarter.

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.