Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,099,705 shares, a growth of 96.8% from the September 30th total of 558,654 shares. Based on an average daily volume of 648,641 shares, the short-interest ratio is presently 1.7 days. Approximately 22.3% of the shares of the stock are sold short.
Defiance Daily Target 2X Long AVGO ETF Stock Down 2.5%
AVGX stock opened at $30.86 on Tuesday. Defiance Daily Target 2X Long AVGO ETF has a 1 year low of $30.23 and a 1 year high of $84.80. The stock’s 50 day moving average price is $37.91 and its 200 day moving average price is $45.93.
Defiance Daily Target 2X Long AVGO ETF Company Profile
The Defiance Daily Target 2X Long AVGO ETF (AVGX) 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 Broadcom Inc (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.
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