T-REX 2X Long GME Daily Target ETF (BATS:GMEU) Sees Significant Growth in Short Interest

T-REX 2X Long GME Daily Target ETF (BATS:GMEU) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 293,766 shares, an increase of 63.6% from the June 30th total of 179,556 shares. Approximately 10.9% of the shares of the company are short sold. Based on an average daily trading volume, of 139,277 shares, the short-interest ratio is currently 2.1 days.

Institutional Trading of T-REX 2X Long GME Daily Target ETF

A hedge fund recently bought a new stake in T-REX 2X Long GME Daily Target ETF stock. Triumph Capital Management purchased a new stake in shares of T-REX 2X Long GME Daily Target ETF (BATS:GMEU) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,420 shares of the company’s stock, valued at approximately $230,000. Triumph Capital Management owned 0.98% of T-REX 2X Long GME Daily Target ETF as of its most recent SEC filing.

T-REX 2X Long GME Daily Target ETF Trading Down 1.6%

Shares of BATS:GMEU opened at $7.78 on Friday. T-REX 2X Long GME Daily Target ETF has a one year low of $7.41 and a one year high of $18.98. The stock has a fifty day moving average of $8.16 and a 200-day moving average of $9.87.

T-REX 2X Long GME Daily Target ETF Company Profile

The T-REX 2X Long GME Daily Target ETF (GMEU) is an exchange-traded fund that is based on the GameStop Corp. Class A index. The fund aims to provide 2x leveraged exposure to the daily price movement of GameStop Corp. stock (NYSE: GME), less fees and expenses. GMEU was launched on Apr 24, 2025 and is issued by Tuttle Capital Management.