Defiance Daily Target 2X Long NVO ETF (NYSEARCA:NVOX – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 187,173 shares, a drop of 70.0% from the September 30th total of 624,282 shares. Approximately 4.7% of the company’s shares are short sold. Based on an average daily volume of 514,682 shares, the days-to-cover ratio is currently 0.4 days.
Defiance Daily Target 2X Long NVO ETF Stock Up 4.4%
Shares of NYSEARCA:NVOX traded up $0.42 during trading on Thursday, hitting $9.87. 144,800 shares of the company’s stock were exchanged, compared to its average volume of 705,455. The firm has a 50-day moving average price of $11.40 and a two-hundred day moving average price of $14.51. Defiance Daily Target 2X Long NVO ETF has a 1-year low of $8.87 and a 1-year high of $33.81.
About Defiance Daily Target 2X Long NVO ETF
The Defiance Daily Target 2X Long NVO ETF (NVOX) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of NOVO Nordisk A/S – ADR (NVO), less fees and expenses, through derivatives like swap agreements. NVOX was launched on Dec 2, 2024 and is issued by Defiance.
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