Corgi INTC 2x Daily ETF (BATS:INT) Sees Significant Growth in Short Interest

Corgi INTC 2x Daily ETF (BATS:INT) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 28,020 shares, a growth of 9,943.0% from the September 15th total of 279 shares. Based on an average daily volume of 54,184 shares, the short-interest ratio is currently 0.5 days.

Corgi INTC 2x Daily ETF Stock Down 5.5%

Shares of BATS INT traded down $1.08 during trading hours on Friday, reaching $18.56. The stock had a trading volume of 95,073 shares, compared to its average volume of 36,665. The business’s 50-day simple moving average is $19.08. Corgi INTC 2x Daily ETF has a fifty-two week low of $12.66 and a fifty-two week high of $28.30.

Insiders Place Their Bets

In other Corgi INTC 2x Daily ETF news, EVP Jose-Miguel Tejada sold 6,000 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $37.16, for a total value of $222,960.00. Following the completion of the transaction, the executive vice president owned 35,676 shares in the company, valued at $1,325,720.16. This represents a 14.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Michael J. Kasbar sold 10,000 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $35.67, for a total value of $356,700.00. Following the transaction, the chairman directly owned 956,450 shares in the company, valued at approximately $34,116,571.50. The trade was a 1.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 69,445 shares of company stock valued at $2,663,219.

World Kinect Corporation, formerly known as World Fuel Services Corporation, is an energy management company that supplies and distributes fuel, energy, and related products and services to commercial, industrial, government, and transportation customers worldwide. The company serves aviation, marine, and land-based transportation markets, as well as other commercial and industrial sectors.

Its offerings include aviation fuel, marine fuel and lubricants, diesel, gasoline, natural gas, electricity, and renewable energy products.