T-REX 2X Long SpaceX Daily Target ETF (NYSEARCA:SPAX – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 504,028 shares, a growth of 212.4% from the September 30th total of 161,336 shares. Based on an average daily volume of 2,147,171 shares, the days-to-cover ratio is currently 0.2 days. Approximately 9.7% of the shares of the company are sold short.
T-REX 2X Long SpaceX Daily Target ETF Trading Down 10.9%
NYSEARCA SPAX traded down $0.97 on Friday, hitting $7.91. 1,012,307 shares of the company’s stock were exchanged, compared to its average volume of 2,346,083. The stock has a 50-day moving average of $10.05 and a 200-day moving average of $15.49. The stock has a market cap of $43.36 million, a price-to-earnings ratio of 33.95 and a beta of -10.75. T-REX 2X Long SpaceX Daily Target ETF has a 52 week low of $5.36 and a 52 week high of $28.05.
About T-REX 2X Long SpaceX Daily Target ETF
The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future. SPAX was launched on Jun 22, 2021 and is managed by Robinson.
Featured Articles
- Five stocks we like better than T-REX 2X Long SpaceX Daily Target ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for T-REX 2X Long SpaceX Daily Target ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-REX 2X Long SpaceX Daily Target ETF and related companies with MarketBeat.com's FREE daily email newsletter.
