Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Short Interest Update

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 660,002 shares, a growth of 233.5% from the April 15th total of 197,895 shares. Approximately 11.2% of the shares of the company are short sold. Based on an average daily trading volume, of 2,732,690 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Defiance Daily Target 2X Long RKLB ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management acquired a new stake in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 645 shares of the company’s stock, valued at approximately $26,000.

Defiance Daily Target 2X Long RKLB ETF Price Performance

Shares of RKLX traded down $10.77 during trading hours on Friday, reaching $80.85. 2,386,770 shares of the company traded hands, compared to its average volume of 2,649,279. Defiance Daily Target 2X Long RKLB ETF has a 12-month low of $9.41 and a 12-month high of $92.56. The business has a fifty day moving average price of $38.87 and a 200-day moving average price of $39.46.

Defiance Daily Target 2X Long RKLB ETF Company Profile

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.