Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) Short Interest Update

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 2,628,726 shares, an increase of 214.6% from the May 31st total of 835,454 shares. Based on an average daily trading volume, of 5,606,854 shares, the short-interest ratio is currently 0.5 days. Approximately 29.5% of the company’s shares are sold short.

Defiance Daily Target 2X Long SMCI ETF Stock Performance

SMCX traded down $0.51 on Monday, hitting $9.35. The company had a trading volume of 3,310,824 shares, compared to its average volume of 3,507,480. The stock has a fifty day simple moving average of $15.84 and a 200-day simple moving average of $19.53. Defiance Daily Target 2X Long SMCI ETF has a 52-week low of $6.48 and a 52-week high of $151.22.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Defiance Daily Target 2X Long SMCI ETF stock. Simplex Trading LLC acquired a new position in Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned approximately 0.05% of Defiance Daily Target 2X Long SMCI ETF at the end of the most recent quarter.

Defiance Daily Target 2X Long SMCI ETF Company Profile

The Defiance Daily Target 2X Long SMCI ETF (SMCX) 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 Super Micro Computer, Inc (SMCI), less fees and expenses, through derivatives like swap agreements SMCX was launched on Aug 21, 2024 and is issued by Defiance.