Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX – Get 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:ORCX – Free 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
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
- Five stocks we like better than Defiance Daily Target 2X Long ORCL ETF
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for Defiance Daily Target 2X Long ORCL ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defiance Daily Target 2X Long ORCL ETF and related companies with MarketBeat.com's FREE daily email newsletter.
