T-Rex 2X Long Ether Daily Target ETF (BATS:ETU – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 222,522 shares, an increase of 63.6% from the September 30th total of 136,044 shares. Approximately 32.7% of the shares of the company are short sold. Based on an average daily trading volume, of 63,796 shares, the days-to-cover ratio is currently 3.5 days.
T-Rex 2X Long Ether Daily Target ETF Price Performance
BATS ETU opened at $5.39 on Monday. T-Rex 2X Long Ether Daily Target ETF has a twelve month low of $2.86 and a twelve month high of $28.35. The stock has a 50-day moving average of $7.04 and a 200 day moving average of $6.38.
About T-Rex 2X Long Ether Daily Target ETF
The T-Rex 2X Long Ether Daily Target ETF (ETU) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Ether (ETH), less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. ETU was launched on Oct 23, 2024 and is issued by Tuttle Capital Management.
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