T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Stock Falls 2.4% – What’s Next?

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU – Get Free Report)’s share price fell 2.4% during mid-day trading on Monday. The company traded as low as $37.90 and last traded at $38.76. Approximately 1,898,651 shares were traded during trading, a decline of 67% from the average daily volume of 5,693,274 shares. The stock had previously closed at $39.70.

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

The company’s 50-day moving average price is $32.43 and its 200 day moving average price is $39.70.

T-Rex 2X Long MSTR Daily Target ETF Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 25th were issued a $0.2880 dividend. The ex-dividend date of this dividend was Tuesday, August 25th.

Institutional Trading of T-Rex 2X Long MSTR Daily Target ETF

Large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter valued at $1,605,000. Optiver Holding B.V. lifted its stake in shares of T-Rex 2X Long MSTR Daily Target ETF by 1,871.1% during the 1st quarter. Optiver Holding B.V. now owns 357,742 shares of the company’s stock valued at $1,520,000 after buying an additional 339,593 shares in the last quarter. Concurrent Investment Advisors LLC bought a new position in T-Rex 2X Long MSTR Daily Target ETF in the 2nd quarter worth $98,000. WJ Financial Advisors LLC bought a new position in T-Rex 2X Long MSTR Daily Target ETF in the 1st quarter worth $149,000. Finally, Turner Financial Group Inc. bought a new position in T-Rex 2X Long MSTR Daily Target ETF in the 2nd quarter worth $51,000.

T-Rex 2X Long MSTR Daily Target ETF Company Profile

(Get Free Report)

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.

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