Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Shares Down 5.4% – Time to Sell?

Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ)’s share price dropped 5.4% during trading on Friday . The company traded as low as $39.77 and last traded at $42.31. Approximately 192,247 shares were traded during trading, a decline of 87% from the average daily volume of 1,448,237 shares. The stock had previously closed at $44.71.

Defiance Daily Target 2X Long HIMS ETF Stock Down 5.4%

The business’s fifty day moving average is $39.24 and its two-hundred day moving average is $40.12. The stock has a market capitalization of $95.62 million, a PE ratio of 137.04 and a beta of 3.69.

Institutional Investors Weigh In On Defiance Daily Target 2X Long HIMS ETF

Several large investors have recently added to or reduced their stakes in the stock. HRT Financial LP bought a new stake in shares of Defiance Daily Target 2X Long HIMS ETF in the 4th quarter worth about $176,000. Jump Financial LLC purchased a new stake in Defiance Daily Target 2X Long HIMS ETF in the second quarter worth $522,000. Prosperitas Financial LLC purchased a new stake in shares of Defiance Daily Target 2X Long HIMS ETF during the fourth quarter valued at $116,000. Finally, XTX Topco Ltd bought a new stake in shares of Defiance Daily Target 2X Long HIMS ETF during the fourth quarter valued at approximately $59,000.

Defiance Daily Target 2X Long HIMS ETF Company Profile

The Defiance Daily Target 2X Long HIMS ETF (HIMZ) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Hims & Hers Health Inc (HIMS), less fees and expenses, through derivatives like swap agreements HIMZ was launched on Mar 12, 2025 and is issued by Defiance.