Investors Purchase Large Volume of T-Rex 2X Long MSTR Daily Target ETF Call Options (BATS:MSTU)

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) was the target of some unusual options trading activity on Monday. Stock investors purchased 28,573 call options on the company. This represents an increase of approximately 54% compared to the average volume of 18,519 call options.

T-Rex 2X Long MSTR Daily Target ETF Trading Down 5.6%

Shares of BATS:MSTU traded down $0.16 on Monday, hitting $2.70. 55,652,858 shares of the company were exchanged, compared to its average volume of 35,982,805. T-Rex 2X Long MSTR Daily Target ETF has a 1-year low of $2.60 and a 1-year high of $107.60. The stock’s 50 day moving average price is $5.95 and its 200 day moving average price is $6.94.

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

Several large investors have recently added to or reduced their stakes in MSTU. Flow Traders U.S. LLC acquired a new position in shares of T-Rex 2X Long MSTR Daily Target ETF in the second quarter valued at about $221,000. Jump Financial LLC acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the second quarter worth about $308,000. BNP Paribas Financial Markets purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the second quarter valued at approximately $12,888,000. Group One Trading LLC purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the second quarter valued at approximately $938,000. Finally, United Capital Management of KS Inc. increased its holdings in T-Rex 2X Long MSTR Daily Target ETF by 91.6% in the 3rd quarter. United Capital Management of KS Inc. now owns 28,771 shares of the company’s stock worth $134,000 after buying an additional 13,754 shares during the period.

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

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.