Short Interest in T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) Grows By 194.1%

T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 268,308 shares, an increase of 194.1% from the May 31st total of 91,223 shares. Based on an average daily volume of 177,006 shares, the short-interest ratio is currently 1.5 days. Currently, 25.6% of the shares of the company are short sold.

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

BATS BTCL opened at $11.02 on Friday. The business’s fifty day moving average price is $16.77 and its 200-day moving average price is $20.56. T-Rex 2X Long Bitcoin Daily Target ETF has a 1-year low of $10.42 and a 1-year high of $68.29.

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

The T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Bitcoin, less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. BTCL was launched on Jul 10, 2024 and is issued by Tuttle Capital Management.