T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) Sees Large Decline in Short Interest

T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 107,727 shares, a drop of 53.2% from the May 14th total of 229,956 shares. Based on an average trading volume of 561,402 shares, the days-to-cover ratio is presently 0.2 days. Currently, 179.5% of the shares of the stock are short sold.

Institutional Investors Weigh In On T-REX 2X Long SNOW Daily Target ETF

A hedge fund recently bought a new stake in T-REX 2X Long SNOW Daily Target ETF stock. Vestor Capital LLC purchased a new position in shares of T-REX 2X Long SNOW Daily Target ETF (BATS:SNOU) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,001 shares of the company’s stock, valued at approximately $140,000. Vestor Capital LLC owned about 13.34% of T-REX 2X Long SNOW Daily Target ETF as of its most recent SEC filing.

T-REX 2X Long SNOW Daily Target ETF Price Performance

T-REX 2X Long SNOW Daily Target ETF stock opened at $34.54 on Friday. T-REX 2X Long SNOW Daily Target ETF has a one year low of $10.51 and a one year high of $76.32. The business has a fifty day moving average of $22.20 and a two-hundred day moving average of $30.76.

About T-REX 2X Long SNOW Daily Target ETF

The T-REX 2X Long SNOW Daily Target ETF (SNOU) 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 ofSnowflake Incstock (NYSE: SNOW), less fees and expenses. SNOU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.