Defiance Daily Target 2X Long ANET ETF (NASDAQ:ANEL) Stock Short Interest Falls 95.1%

Defiance Daily Target 2X Long ANET ETF (NASDAQ:ANEL) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 7,904 shares, a drop of 95.1% from the August 31st total of 160,087 shares. Based on an average trading volume of 33,737 shares, the short-interest ratio is presently 0.2 days. Currently, 1.3% of the company’s shares are short sold.

Defiance Daily Target 2X Long ANET ETF Trading Up 0.9%

ANEL traded up $0.24 on Friday, hitting $28.37. The company had a trading volume of 28,524 shares, compared to its average volume of 147,819. The business’s fifty day simple moving average is $24.99 and its 200 day simple moving average is $21.04. Defiance Daily Target 2X Long ANET ETF has a 12-month low of $11.38 and a 12-month high of $31.74.

Anellotech, Inc is a clean-technology company that develops and commercializes processes to produce renewable chemicals from non-food biomass. The company’s core focus is on delivering bio-based aromatic hydrocarbons — including benzene, toluene and xylene (BTX) — that can be used as drop-in replacements for petrochemical feedstocks in the production of plastics, nylons and other industrial chemicals. Anellotech positions its offerings toward customers looking for lower-carbon alternatives to conventional petroleum-derived chemicals.

At the center of Anellotech’s business is a proprietary catalytic fast pyrolysis (CFP) approach that thermally converts lignocellulosic biomass and other non-food feedstocks into an aromatic-rich vapour stream, which is then catalytically upgraded to produce target molecules.