Defiance Daily Target 2X Long SOFI ETF (NASDAQ:SOFX) Stock Falls 6.7% – Here’s What Happened

Defiance Daily Target 2X Long SOFI ETF (NASDAQ:SOFX – Get Free Report)’s stock price dropped 6.7% during trading on Friday. The stock traded as low as $5.63 and last traded at $5.81. 1,676,037 shares traded hands during trading, an increase of 43% from the average session volume of 1,169,722 shares. The stock had previously closed at $6.23.

Defiance Daily Target 2X Long SOFI ETF Stock Performance

The stock has a fifty day moving average price of $8.43 and a 200-day moving average price of $9.33. The firm has a market cap of $46.71 million, a PE ratio of 23.00 and a beta of 4.53.

Institutional Trading of Defiance Daily Target 2X Long SOFI ETF

A hedge fund recently raised its stake in Defiance Daily Target 2X Long SOFI ETF stock. Optiver Holding B.V. raised its holdings in shares of Defiance Daily Target 2X Long SOFI ETF (NASDAQ:SOFX – Free Report) by 570.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,788 shares of the company’s stock after purchasing an additional 45,762 shares during the quarter. Optiver Holding B.V. owned 1.03% of Defiance Daily Target 2X Long SOFI ETF worth $502,000 at the end of the most recent quarter.

Defiance Daily Target 2X Long SOFI ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long SOFI ETF (SOFX) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of SoFi Technologies, Inc (SOFI), less fees and expenses, through derivatives like swap agreements SOFX was launched on Jan 15, 2025 and is issued by Defiance.

Featured Articles

Receive News & Ratings for Defiance Daily Target 2X Long SOFI ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defiance Daily Target 2X Long SOFI ETF and related companies with MarketBeat.com's FREE daily email newsletter.