T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) Short Interest Down 34.3% in April

T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 242,044 shares, a decline of 34.3% from the April 15th total of 368,160 shares. Currently, 18.6% of the shares of the company are sold short. Based on an average daily trading volume, of 12,426,774 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On T-Rex 2X Inverse Bitcoin Daily Target ETF

An institutional investor recently bought a new position in T-Rex 2X Inverse Bitcoin Daily Target ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of T-Rex 2X Inverse Bitcoin Daily Target ETF (BATS:BTCZ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,961 shares of the company’s stock, valued at approximately $110,000. Flow Traders U.S. LLC owned about 3.00% of T-Rex 2X Inverse Bitcoin Daily Target ETF as of its most recent SEC filing.

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

Shares of BATS:BTCZ opened at $4.13 on Wednesday. The company’s 50-day moving average is $4.63 and its 200 day moving average is $4.50. T-Rex 2X Inverse Bitcoin Daily Target ETF has a fifty-two week low of $2.30 and a fifty-two week high of $7.34.

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

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