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

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) saw some unusual options trading activity on Wednesday. Investors purchased 42,224 call options on the stock. This represents an increase of approximately 91% compared to the typical daily volume of 22,058 call options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the first quarter valued at approximately $51,000. Optiver Holding B.V. lifted its position in T-Rex 2X Long MSTR Daily Target ETF by 1,871.1% during the first quarter. Optiver Holding B.V. now owns 357,742 shares of the company’s stock valued at $1,520,000 after buying an additional 339,593 shares during the period. Renaissance Technologies LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter valued at $1,605,000. WJ Financial Advisors LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter valued at $149,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the 1st quarter worth about $42,000.

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

MSTU stock traded up $0.47 during trading on Wednesday, reaching $2.16. The company had a trading volume of 170,850,552 shares, compared to its average volume of 53,909,664. T-Rex 2X Long MSTR Daily Target ETF has a 52 week low of $1.46 and a 52 week high of $61.50. The business has a 50 day moving average of $2.13 and a 200 day moving average of $4.50.

About T-Rex 2X Long MSTR Daily Target ETF

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.