T-REX 2X Long SpaceX Daily Target ETF (NYSEARCA:SPAX) Short Interest Up ∞ in June

T-REX 2X Long SpaceX Daily Target ETF (NYSEARCA:SPAX) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 217,522 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 2,924,495 shares, the short-interest ratio is currently 0.1 days. Approximately 7.4% of the company’s stock are sold short.

T-REX 2X Long SpaceX Daily Target ETF Stock Down 10.8%

Shares of SPAX opened at $7.90 on Friday. The stock has a market cap of $24.02 million, a P/E ratio of 33.95 and a beta of 0.04. The business’s 50 day moving average price is $16.98 and its 200-day moving average price is $19.12. T-REX 2X Long SpaceX Daily Target ETF has a 52 week low of $7.65 and a 52 week high of $28.05.

About T-REX 2X Long SpaceX Daily Target ETF

The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is managed by Robinson.