T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Short Interest Update

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 12,896,986 shares, a decrease of 34.7% from the April 15th total of 19,751,479 shares. Approximately 6.5% of the company’s shares are short sold. Based on an average daily volume of 40,832,164 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of MSTU. Flow Traders U.S. LLC purchased a new position in shares of T-Rex 2X Long MSTR Daily Target ETF during the 2nd quarter worth about $221,000. Jump Financial LLC acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF during the 2nd quarter worth approximately $308,000. BNP Paribas Financial Markets acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF during the 2nd quarter worth approximately $12,888,000. Group One Trading LLC acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF during the 2nd quarter worth approximately $938,000. Finally, Hartline Investment Corp acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF during the 3rd quarter worth approximately $651,000.

T-Rex 2X Long MSTR Daily Target ETF Stock Performance

Shares of MSTU stock opened at $7.81 on Monday. T-Rex 2X Long MSTR Daily Target ETF has a 1-year low of $3.40 and a 1-year high of $107.60. The firm’s 50-day simple moving average is $6.09 and its 200-day simple moving average is $9.91.

About T-Rex 2X Long MSTR Daily Target ETF

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.