Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Shares Down 9.2% – Should You Sell?

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report) traded down 9.2% on Friday . The stock traded as low as $35.69 and last traded at $36.05. 2,214,239 shares traded hands during trading, a decline of 11% from the average session volume of 2,480,543 shares. The stock had previously closed at $39.69.

Defiance Daily Target 2X Long RKLB ETF Trading Down 9.2%

The company has a fifty day moving average of $33.72 and a two-hundred day moving average of $38.76.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management bought a new position in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXFree Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 645 shares of the company’s stock, valued at approximately $26,000.

About Defiance Daily Target 2X Long RKLB ETF

(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.

Further Reading

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