Short Interest in T-Rex 2X Long Apple Daily Target ETF (BATS:AAPX) Increases By 165.4%
by Sarita Garza · The Markets DailyT-Rex 2X Long Apple Daily Target ETF (BATS:AAPX – Get Free Report) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 15,199 shares, a growth of 165.4% from the June 30th total of 5,726 shares. Based on an average daily volume of 41,817 shares, the short-interest ratio is presently 0.4 days. Currently, 2.2% of the company’s shares are sold short.
T-Rex 2X Long Apple Daily Target ETF Price Performance
T-Rex 2X Long Apple Daily Target ETF stock opened at $41.25 on Monday. The firm has a 50 day simple moving average of $35.79 and a 200-day simple moving average of $30.69. The stock has a market cap of $28.05 million, a price-to-earnings ratio of 29.81 and a beta of 2.02. T-Rex 2X Long Apple Daily Target ETF has a 1-year low of $18.06 and a 1-year high of $41.83.
T-Rex 2X Long Apple Daily Target ETF Company Profile
The T-Rex 2X Long Apple Daily Target ETF (AAPX) 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 Apple, Inc stock, less fees, and expenses. AAPX was launched on Jan 11, 2024 and is issued by Tuttle Capital Management.
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