T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) Sees Significant Growth in Short Interest

T-Rex 2X Long Bitcoin Daily Target ETF (BATS:BTCL) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 258,184 shares, a growth of 84.6% from the August 31st total of 139,831 shares. Currently, 24.6% of the company’s stock are sold short. Based on an average daily volume of 85,538 shares, the short-interest ratio is currently 3.0 days.

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

Shares of T-Rex 2X Long Bitcoin Daily Target ETF stock traded up $0.01 on Tuesday, hitting $19.95. The company had a trading volume of 7,282 shares, compared to its average volume of 110,991. T-Rex 2X Long Bitcoin Daily Target ETF has a 1 year low of $10.40 and a 1 year high of $68.29. The stock has a 50 day moving average of $15.84 and a 200-day moving average of $15.87.

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

The T-Rex 2X Long Bitcoin Daily Target ETF (BTCL) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund aims to provide 2x leveraged exposure to the daily price movement of spot Bitcoin, less fees, and expenses. The fund uses over-the-counter swaps to pursue its objective. BTCL was launched on Jul 10, 2024 and is issued by Tuttle Capital Management.