Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,770,933 shares, an increase of 86.4% from the July 15th total of 2,023,420 shares. Based on an average daily trading volume, of 7,693,141 shares, the short-interest ratio is currently 0.5 days. Approximately 18.5% of the shares of the stock are short sold.
Institutional Investors Weigh In On Defiance Daily Target 2X Long SMCI ETF
A hedge fund recently bought a new position in Defiance Daily Target 2X Long SMCI ETF stock. Simplex Trading LLC bought a new stake in shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned about 0.05% of Defiance Daily Target 2X Long SMCI ETF as of its most recent filing with the Securities and Exchange Commission.
Defiance Daily Target 2X Long SMCI ETF Stock Down 6.0%
Shares of NASDAQ SMCX traded down $0.85 during mid-day trading on Monday, hitting $13.20. 6,462,708 shares of the company’s stock traded hands, compared to its average volume of 4,455,599. Defiance Daily Target 2X Long SMCI ETF has a 1 year low of $5.46 and a 1 year high of $114.44. The company’s 50-day moving average is $9.52 and its two-hundred day moving average is $15.18.
Defiance Daily Target 2X Long SMCI ETF Company Profile
The Defiance Daily Target 2X Long SMCI ETF (SMCX) 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 Super Micro Computer, Inc (SMCI), less fees and expenses, through derivatives like swap agreements SMCX was launched on Aug 21, 2024 and is issued by Defiance.
See Also
- Five stocks we like better than Defiance Daily Target 2X Long SMCI ETF
- TSMC’s Insider Buying Wave Comes With a Bigger AI Question for Investors
- Looking Beyond CrowdStrike? 3 AI Security Stocks Stand Out
- 5 Recession-Proof Stocks Hiding in Cardboard Boxes
- These 5 Dividend Stocks Show Why Income Investing Still Matters
Receive News & Ratings for Defiance Daily Target 2X Long SMCI 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 SMCI ETF and related companies with MarketBeat.com's FREE daily email newsletter.
