Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Shares Up 10.7% – Time to Buy?

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report)’s stock price rose 10.7% during mid-day trading on Wednesday . The stock traded as high as $92.36 and last traded at $91.91. Approximately 1,990,929 shares traded hands during trading, a decline of 26% from the average daily volume of 2,678,521 shares. The stock had previously closed at $83.01.

Defiance Daily Target 2X Long RKLB ETF Stock Up 14.2%

The firm’s 50-day moving average is $43.07 and its 200 day moving average is $40.52.

Institutional Trading of Defiance Daily Target 2X Long RKLB ETF

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management acquired a new position in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 645 shares of the company’s stock, valued at approximately $26,000.

Defiance Daily Target 2X Long RKLB ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.

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