Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) Short Interest Up 116.0% in July

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,968,681 shares, an increase of 116.0% from the June 30th total of 911,544 shares. Approximately 17.3% of the company’s stock are short sold. Based on an average daily trading volume, of 4,022,674 shares, the short-interest ratio is presently 0.5 days.

Defiance Daily Target 2X Long ORCL ETF Trading Up 3.3%

NASDAQ ORCX traded up $0.50 on Tuesday, hitting $15.58. 3,251,547 shares of the stock traded hands, compared to its average volume of 2,754,423. The stock has a 50-day moving average of $33.26 and a 200 day moving average of $34.20. Defiance Daily Target 2X Long ORCL ETF has a twelve month low of $13.71 and a twelve month high of $181.59. The company has a market capitalization of $217.96 million, a P/E ratio of 35.86 and a beta of 5.94.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Defiance Daily Target 2X Long ORCL ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,453 shares of the company’s stock, valued at approximately $615,000. Flow Traders U.S. LLC owned 0.23% of Defiance Daily Target 2X Long ORCL ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Defiance Daily Target 2X Long ORCL ETF Company Profile

The Defiance Daily Target 2X Long ORCL ETF (ORCX) 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 Oracle Corporation (ORCL), less fees and expenses, through derivatives like swap agreements. ORCX was launched on Feb 6, 2025 and is issued by Defiance.