T-REX 2X Long SpaceX Daily Target ETF (NYSEARCA:SPAX) Sees Large Growth in Short Interest

T-REX 2X Long SpaceX Daily Target ETF (NYSEARCA:SPAX – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 504,028 shares, a growth of 212.4% from the September 30th total of 161,336 shares. Currently, 9.7% of the company’s shares are sold short. Based on an average daily trading volume, of 2,147,171 shares, the days-to-cover ratio is currently 0.2 days.

T-REX 2X Long SpaceX Daily Target ETF Trading Down 4.8%

Shares of T-REX 2X Long SpaceX Daily Target ETF stock opened at $9.05 on Thursday. T-REX 2X Long SpaceX Daily Target ETF has a twelve month low of $5.36 and a twelve month high of $28.05. The stock has a market capitalization of $49.59 million, a P/E ratio of 33.95 and a beta of -10.75. The business’s fifty day moving average price is $10.06 and its 200 day moving average price is $15.55.

T-REX 2X Long SpaceX Daily Target ETF Company Profile

(Get Free Report)

The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is managed by Robinson.

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