T-REX 2X Long SpaceX Daily Target ETF (NYSEARCA:SPAX – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 504,028 shares, an increase of 212.4% from the September 30th total of 161,336 shares. Approximately 9.7% of the shares of the stock are sold short. Based on an average daily volume of 2,147,171 shares, the days-to-cover ratio is currently 0.2 days.
T-REX 2X Long SpaceX Daily Target ETF Stock Performance
Shares of NYSEARCA SPAX opened at $7.74 on Friday. T-REX 2X Long SpaceX Daily Target ETF has a 52 week low of $5.36 and a 52 week high of $28.05. The stock has a market capitalization of $42.42 million, a P/E ratio of 33.95 and a beta of -10.75. The stock’s fifty day moving average is $10.04 and its 200 day moving average is $15.43.
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.
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