Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYX) Sees Large Decrease in Short Interest

Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYX) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 201,506 shares, a decrease of 45.4% from the December 15th total of 369,147 shares. Based on an average trading volume of 306,643 shares, the days-to-cover ratio is currently 0.7 days. Approximately 12.4% of the company’s shares are sold short. Approximately 12.4% of the company’s shares are sold short. Based on an average trading volume of 306,643 shares, the days-to-cover ratio is currently 0.7 days.

Defiance Daily Target 2X Long LLY ETF Price Performance

Shares of NYSEARCA:LLYX traded up $0.21 during mid-day trading on Friday, reaching $23.48. 434,168 shares of the company’s stock were exchanged, compared to its average volume of 456,949. Defiance Daily Target 2X Long LLY ETF has a twelve month low of $9.60 and a twelve month high of $28.44. The business’s fifty day moving average price is $25.05 and its 200-day moving average price is $18.33.

Defiance Daily Target 2X Long LLY ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.7042 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 273.0%.

About Defiance Daily Target 2X Long LLY ETF

The Defiance Daily Target 2X Long LLY ETF (LLYX) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of the Eli Lilly and Company (NYSE: LLY), less fees and expenses. LLYX was launched on Aug 7, 2024 and is issued by Defiance.