T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Short Interest Up 148.4% in August

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 130,888 shares, an increase of 148.4% from the July 30th total of 52,696 shares. Based on an average daily trading volume, of 65,070 shares, the short-interest ratio is currently 2.0 days. Approximately 218.1% of the company’s shares are short sold.

T-REX 2X Long SNOW Daily Target ETF Stock Up 8.6%

Shares of BATS:SNOU opened at $65.88 on Friday. The stock’s 50-day moving average price is $51.47 and its 200-day moving average price is $33.23. T-REX 2X Long SNOW Daily Target ETF has a 12-month low of $10.51 and a 12-month high of $76.32.

Hedge Funds Weigh In On T-REX 2X Long SNOW Daily Target ETF

An institutional investor recently bought a new position in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC purchased a new position in T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned 13.33% of T-REX 2X Long SNOW Daily Target ETF at the end of the most recent reporting period.

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

The T-REX 2X Long SNOW Daily Target ETF (SNOU) 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 ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.