Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Sees Significant Decrease in Short Interest

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 24,575 shares, a decline of 80.4% from the April 30th total of 125,291 shares. Currently, 3.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 120,667 shares, the days-to-cover ratio is currently 0.2 days.

Defiance Daily Target 2X Long HOOD ETF Stock Up 19.6%

Shares of Defiance Daily Target 2X Long HOOD ETF stock traded up $5.11 on Friday, hitting $31.12. The company’s stock had a trading volume of 307,015 shares, compared to its average volume of 124,099. The company has a market capitalization of $20.23 million, a P/E ratio of 30.82 and a beta of 6.17. Defiance Daily Target 2X Long HOOD ETF has a 52-week low of $16.44 and a 52-week high of $154.38. The firm has a fifty day moving average price of $22.71 and a 200-day moving average price of $46.11.

Defiance Daily Target 2X Long HOOD ETF Company Profile

The Defiance Daily Target 2X Long HOOD ETF (HOOX) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of Robinhood Markets, Inc (Nasdaq: HOOD), less fees and expenses. HOOX was launched on Mar 18, 2025 and is issued by Defiance.