Short Interest in Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) Drops By 67.5%

Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOXGet Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 12,275 shares, a drop of 67.5% from the May 31st total of 37,752 shares. Based on an average daily trading volume, of 148,326 shares, the short-interest ratio is currently 0.1 days. Currently, 1.9% of the shares of the stock are sold short.

Institutional Trading of Defiance Daily Target 2X Long RIOT ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RIOT ETF stock. SIH Partners LLLP purchased a new position in shares of Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOXFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 196,833 shares of the company’s stock, valued at approximately $1,388,000. SIH Partners LLLP owned about 8.48% of Defiance Daily Target 2X Long RIOT ETF as of its most recent SEC filing.

Defiance Daily Target 2X Long RIOT ETF Price Performance

Defiance Daily Target 2X Long RIOT ETF stock traded down $0.77 during trading on Tuesday, reaching $59.79. The company had a trading volume of 154,126 shares, compared to its average volume of 238,133. The firm’s 50-day simple moving average is $50.59 and its 200 day simple moving average is $36.64. Defiance Daily Target 2X Long RIOT ETF has a 1-year low of $12.96 and a 1-year high of $153.75.

Defiance Daily Target 2X Long RIOT ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long RIOT ETF (RIOX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x long daily price performance of Riot Platforms, Inc shares, less fees and expenses, through the use of swap contracts RIOX was launched on Jan 2, 2025 and is issued by Defiance.

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