T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) Sees Large Increase in Short Interest

T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 191,909 shares, an increase of 74.6% from the May 14th total of 109,945 shares. Approximately 71.1% of the company’s stock are sold short. Based on an average daily trading volume, of 298,147 shares, the short-interest ratio is presently 0.6 days.

T-Rex 2X Long Microsoft Daily Target ETF Price Performance

Shares of T-Rex 2X Long Microsoft Daily Target ETF stock opened at $16.32 on Monday. T-Rex 2X Long Microsoft Daily Target ETF has a 12 month low of $14.09 and a 12 month high of $40.87. The business has a fifty day simple moving average of $18.44 and a 200-day simple moving average of $21.28.

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

An institutional investor recently bought a new position in T-Rex 2X Long Microsoft Daily Target ETF stock. Flow Traders U.S. LLC acquired a new position in shares of T-Rex 2X Long Microsoft Daily Target ETF (BATS:MSFX) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,325 shares of the company’s stock, valued at approximately $278,000. Flow Traders U.S. LLC owned approximately 3.08% of T-Rex 2X Long Microsoft Daily Target ETF at the end of the most recent quarter.

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

The T-Rex 2X Long Microsoft Daily Target ETF (MSFX) 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 Microsoft Corp. stock, less fees, and expenses. MSFX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.