Defiance Daily Target 2X Long AVGO ETF Sees Unusually High Options Volume (NASDAQ:AVGX)

Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGXGet Free Report) was the recipient of some unusual options trading on Tuesday. Stock investors purchased 2,303 put options on the stock. This represents an increase of 136% compared to the typical daily volume of 974 put options.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Defiance Daily Target 2X Long AVGO ETF stock. Jump Financial LLC purchased a new position in shares of Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGXFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,058 shares of the company’s stock, valued at approximately $378,000. Jump Financial LLC owned approximately 0.15% of Defiance Daily Target 2X Long AVGO ETF at the end of the most recent reporting period.

Defiance Daily Target 2X Long AVGO ETF Trading Down 3.2%

Defiance Daily Target 2X Long AVGO ETF stock traded down $1.64 during trading hours on Tuesday, hitting $49.15. The stock had a trading volume of 391,320 shares, compared to its average volume of 959,746. The company has a 50-day moving average of $59.22 and a two-hundred day moving average of $49.18. Defiance Daily Target 2X Long AVGO ETF has a fifty-two week low of $30.84 and a fifty-two week high of $84.80.

About Defiance Daily Target 2X Long AVGO ETF

(Get Free Report)

The Defiance Daily Target 2X Long AVGO ETF (AVGX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Broadcom Inc (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.

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