Defiance Daily Target 2X Long LMND ETF (NASDAQ:LMNX) Sees Significant Growth in Short Interest

Defiance Daily Target 2X Long LMND ETF (NASDAQ:LMNXGet Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 10,281 shares, a growth of 165.0% from the June 30th total of 3,880 shares. Based on an average daily volume of 48,072 shares, the days-to-cover ratio is currently 0.2 days. Currently, 2.9% of the company’s stock are sold short.

Defiance Daily Target 2X Long LMND ETF Stock Up 6.1%

LMNX stock traded up $0.81 during midday trading on Monday, hitting $14.04. The stock had a trading volume of 68,271 shares, compared to its average volume of 43,496. The firm has a market cap of $5.34 million, a price-to-earnings ratio of 27.53 and a beta of 9.64. The business has a 50-day moving average of $14.84 and a two-hundred day moving average of $20.10. Defiance Daily Target 2X Long LMND ETF has a 52-week low of $10.17 and a 52-week high of $55.00. The company has a debt-to-equity ratio of 0.52, a current ratio of 8.37 and a quick ratio of 6.08.

About Defiance Daily Target 2X Long LMND ETF

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Luminex Corporation develops, manufactures, and sells proprietary biological testing technologies and products for the diagnostics, pharmaceutical, and research industries worldwide. Its products include Luminex 100/200 that integrates fluidics, optics, and digital signal processing; FLEXMAP 3D system for use as a general laboratory instrument; MAGPIX system, a multiplexing analyzer for qualitative and quantitative analysis of proteins and nucleic acids; MicroPlex, MagPlex, xTAG, SeroMAP, and calibration and control microspheres; xPONENT, a software suite to simplify laboratory workflow and enhance productivity; and TDAS, an analysis program designed for development and optimization of nucleic acid assays.

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