Defiance Daily Target 2X Long IREN ETF (NYSEARCA:IRE) Shares Shorted: Short Interest Down 54.3% in September

Defiance Daily Target 2X Long IREN ETF (NYSEARCA:IRE) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 4,382,357 shares, a decline of 54.3% from the August 31st total of 9,585,260 shares. Based on an average daily volume of 6,191,641 shares, the days-to-cover ratio is currently 0.7 days. Currently, 15.5% of the company’s stock are sold short.

Defiance Daily Target 2X Long IREN ETF Price Performance

NYSEARCA IRE traded down $1.09 during trading hours on Monday, hitting $9.61. 4,952,018 shares of the company were exchanged, compared to its average volume of 6,513,326. The company has a 50 day moving average of $10.47 and a two-hundred day moving average of $18.49. Defiance Daily Target 2X Long IREN ETF has a 52-week low of $5.70 and a 52-week high of $124.68.

iShares MSCI Ireland ETF (NYSEARCA: IRE) is an exchange-traded fund managed by BlackRock’s iShares business that provides investors with targeted exposure to Irish equities. Listed on the NYSE Arca, the fund is designed to reflect the performance of an investment benchmark composed of companies domiciled in or with significant exposure to Ireland. It offers a single-ticket way to access the Irish equity market within a U.S.-listed vehicle.

The ETF holds a portfolio of Irish companies spanning multiple sectors, giving investors exposure to the country’s prominent industries such as financials, consumer goods and services, industrials, and healthcare.