Short Interest in Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) Rises By 116.0%

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCXGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,968,681 shares, an increase of 116.0% from the June 30th total of 911,544 shares. Approximately 17.3% of the company’s shares are short sold. Based on an average daily volume of 4,022,674 shares, the days-to-cover ratio is currently 0.5 days.

Defiance Daily Target 2X Long ORCL ETF Stock Performance

Defiance Daily Target 2X Long ORCL ETF stock traded down $0.53 during trading hours on Wednesday, reaching $14.54. 2,590,667 shares of the company’s stock traded hands, compared to its average volume of 2,756,080. The firm has a market capitalization of $203.41 million, a price-to-earnings ratio of 35.86 and a beta of 5.94. Defiance Daily Target 2X Long ORCL ETF has a fifty-two week low of $13.71 and a fifty-two week high of $181.59. The firm’s 50 day moving average is $32.26 and its 200-day moving average is $33.71.

Hedge Funds Weigh In On Defiance Daily Target 2X Long ORCL ETF

An institutional investor recently bought a new stake in Defiance Daily Target 2X Long ORCL ETF stock. Flow Traders U.S. LLC acquired a new stake in Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCXFree Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 15,453 shares of the company’s stock, valued at approximately $615,000. Flow Traders U.S. LLC owned about 0.23% of Defiance Daily Target 2X Long ORCL ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Defiance Daily Target 2X Long ORCL ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long ORCL ETF (ORCX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Oracle Corporation (ORCL), less fees and expenses, through derivatives like swap agreements. ORCX was launched on Feb 6, 2025 and is issued by Defiance.

Further Reading

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