T-Rex 2X Long Apple Daily Target ETF (BATS:AAPX) Short Interest Up 165.4% in July

T-Rex 2X Long Apple Daily Target ETF (BATS:AAPX) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 15,199 shares, an increase of 165.4% from the June 30th total of 5,726 shares. Approximately 2.2% of the shares of the company are short sold. Based on an average daily trading volume, of 41,817 shares, the days-to-cover ratio is currently 0.4 days.

T-Rex 2X Long Apple Daily Target ETF Stock Up 2.4%

Shares of AAPX opened at $42.26 on Tuesday. The company has a market capitalization of $28.74 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 52 week low of $18.06 and a 52 week high of $42.88. The stock’s 50-day moving average price is $35.95 and its 200-day moving average price is $30.78.

About T-Rex 2X Long Apple Daily Target ETF

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.