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

T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 149,673 shares, a growth of 207.2% from the August 15th total of 48,724 shares. Approximately 59.9% of the company’s stock are short sold. Based on an average trading volume of 120,186 shares, the days-to-cover ratio is currently 1.2 days.

Hedge Funds Weigh In On T-Rex 2X Long NFLX Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Long NFLX Daily Target ETF stock. Hollencrest Capital Management acquired a new stake in T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,500 shares of the company’s stock, valued at approximately $80,000. Hollencrest Capital Management owned approximately 1.00% of T-Rex 2X Long NFLX Daily Target ETF at the end of the most recent reporting period.

T-Rex 2X Long NFLX Daily Target ETF Price Performance

Shares of NFLU stock opened at $18.32 on Friday. T-Rex 2X Long NFLX Daily Target ETF has a 12 month low of $13.33 and a 12 month high of $60.93. The company’s fifty day simple moving average is $18.04 and its 200-day simple moving average is $24.00.

T-Rex 2X Long NFLX Daily Target ETF Dividend Announcement

The firm also recently declared a special dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 25th were paid a $0.0037 dividend. The ex-dividend date was Tuesday, August 25th.

About T-Rex 2X Long NFLX Daily Target ETF

The T-Rex 2X Long NFLX Daily Target ETF (NFLU) is an exchange-traded fund that mostly invests in communication services equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Netflix Inc stock, less fees, and expenses. NFLU was launched on Sep 27, 2024 and is issued by Tuttle Capital Management.