Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYX) Short Interest Down 88.1% in May

Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYXGet Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 36,079 shares, a decline of 88.1% from the April 30th total of 303,052 shares. Based on an average trading volume of 676,732 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.9% of the shares of the company are short sold.

Defiance Daily Target 2X Long LLY ETF Trading Down 3.8%

LLYX stock traded down $0.95 during trading on Friday, reaching $24.02. 486,504 shares of the company’s stock were exchanged, compared to its average volume of 466,942. Defiance Daily Target 2X Long LLY ETF has a 1-year low of $9.60 and a 1-year high of $28.44. The company’s fifty day moving average price is $18.45 and its 200-day moving average price is $21.91.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Defiance Daily Target 2X Long LLY ETF stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYXFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 5,433 shares of the company’s stock, valued at approximately $138,000. Thurston Springer Miller Herd & Titak Inc. owned approximately 0.34% of Defiance Daily Target 2X Long LLY ETF as of its most recent filing with the SEC.

About Defiance Daily Target 2X Long LLY ETF

(Get Free Report)

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.

Further Reading

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