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T-REX 2X Long AKAM Daily Target ETF's objective is to magnify (200%) the daily performance of the publicly-traded common stock of Akamai Technologies, Inc. (NASDAQ: AKAM) ("AKAM"). The Fund, under normal circumstances, invests at least 80% of its net assets in financial instruments that are designed to provide, in the aggregate, 200% exposure to the price performance of AKAM on a daily basis. The Fund may also seek to achieve its investment objective by purchasing call options on AKAM or by investing directly in the common stock of AKAM. The Fund will enter into one or more swap agreements with financial institutions whereby the Fund and the financial institution will agree to exchange the return earned on an investment by the Fund in AKAM that is equal, on a daily basis, to 200% of the value of the Fund's net assets. If the Adviser determines to use call options, the Fund will purchase exchange traded call options, including "FLEX Options." Akamai Technologies, Inc. (NASDAQ: AKAM) engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally. It delivers those services through a globally distributed network infrastructure.
T-Rex 2X Long Akam Daily Target ETF trades on the BATS stock market under the symbol AKAL.
As of September 4, 2026, AKAL stock price declined to $17.83 with 262 million shares trading.
AKAL has a market cap of $356,522.00. This is considered a Sub-Micro Cap stock.
AKAL support price is $16.89 and resistance is $19.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AKAL shares will trade within this expected range on the day.
