T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) Sees Significant Increase in Short Interest

T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 191,909 shares, a growth of 74.6% from the May 14th total of 109,945 shares. Based on an average daily trading volume, of 298,147 shares, the short-interest ratio is currently 0.6 days. Approximately 71.1% of the company’s stock are short sold.

Institutional Investors Weigh In On T-Rex 2X Long Microsoft Daily Target ETF

A hedge fund recently raised its stake in T-Rex 2X Long Microsoft Daily Target ETF stock. Flow Traders U.S. LLC raised its stake in T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) by 117.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 18,082 shares of the company’s stock after purchasing an additional 9,757 shares during the period. Flow Traders U.S. LLC owned 6.70% of T-Rex 2X Long Microsoft Daily Target ETF worth $632,000 as of its most recent SEC filing.

T-Rex 2X Long Microsoft Daily Target ETF Stock Down 3.1%

T-Rex 2X Long Microsoft Daily Target ETF stock opened at $16.57 on Wednesday. T-Rex 2X Long Microsoft Daily Target ETF has a 12-month low of $14.09 and a 12-month high of $40.87. The firm’s fifty day moving average price is $18.49 and its 200 day moving average price is $21.10.

About T-Rex 2X Long Microsoft Daily Target ETF

The T-Rex 2X Long Microsoft Daily Target ETF (MSFX) 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 Microsoft Corp. stock, less fees, and expenses. MSFX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.