Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) Short Interest Update

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 2,628,726 shares, a growth of 214.6% from the May 31st total of 835,454 shares. Approximately 29.5% of the company’s stock are short sold. Based on an average trading volume of 5,606,854 shares, the short-interest ratio is currently 0.5 days.

Defiance Daily Target 2X Long SMCI ETF Trading Down 16.2%

NASDAQ SMCX opened at $8.26 on Tuesday. Defiance Daily Target 2X Long SMCI ETF has a 12 month low of $6.48 and a 12 month high of $151.22. The company’s fifty day moving average price is $15.75 and its two-hundred day moving average price is $19.34.

Hedge Funds 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 purchased a new position in Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned approximately 0.05% of Defiance Daily Target 2X Long SMCI ETF as of its most recent filing with the Securities & Exchange Commission.

About Defiance Daily Target 2X Long SMCI ETF

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.