Short Interest in Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) Grows By 93.8%

Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 665,713 shares, a growth of 93.8% from the February 26th total of 343,531 shares. Based on an average daily volume of 765,304 shares, the short-interest ratio is currently 0.9 days. Approximately 86.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RIOT ETF stock. SIH Partners LLLP purchased a new position in shares of Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 196,833 shares of the company’s stock, valued at approximately $1,388,000. SIH Partners LLLP owned approximately 8.48% of Defiance Daily Target 2X Long RIOT ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Defiance Daily Target 2X Long RIOT ETF Price Performance

Shares of RIOX traded down $3.60 during midday trading on Thursday, reaching $19.62. The stock had a trading volume of 214,747 shares, compared to its average volume of 234,351. The company’s 50-day moving average is $27.26 and its 200 day moving average is $55.41. Defiance Daily Target 2X Long RIOT ETF has a 12-month low of $15.45 and a 12-month high of $153.75.

Defiance Daily Target 2X Long RIOT ETF Company Profile

The Defiance Daily Target 2X Long RIOT ETF (RIOX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x long daily price performance of Riot Platforms, Inc shares, less fees and expenses, through the use of swap contracts RIOX was launched on Jan 2, 2025 and is issued by Defiance.