T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU – Get Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 48,724 shares, a drop of 64.9% from the July 30th total of 138,853 shares. Approximately 19.5% of the company’s stock are sold short. Based on an average daily trading volume, of 337,388 shares, the days-to-cover ratio is currently 0.1 days.
T-Rex 2X Long NFLX Daily Target ETF Price Performance
Shares of NFLU stock opened at $20.69 on Friday. T-Rex 2X Long NFLX Daily Target ETF has a 12 month low of $13.33 and a 12 month high of $63.88. The company’s fifty day simple moving average is $17.72 and its 200-day simple moving average is $24.20.
Hedge Funds Weigh In On T-Rex 2X Long NFLX Daily Target ETF
A hedge fund recently bought a new position in T-Rex 2X Long NFLX Daily Target ETF stock. Flow Traders U.S. LLC acquired a new stake in T-Rex 2X Long NFLX Daily Target ETF (BATS:NFLU – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,806 shares of the company’s stock, valued at approximately $216,000. Flow Traders U.S. LLC owned approximately 1.52% of T-Rex 2X Long NFLX Daily Target ETF at the end of the most recent reporting period.
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.
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