Defiance Daily Target 2X Long IREN ETF (NYSEARCA:IRE) Short Interest Update

Defiance Daily Target 2X Long IREN ETF (NYSEARCA:IRE) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 4,382,357 shares, a drop of 54.3% from the August 31st total of 9,585,260 shares. Currently, 15.5% of the company’s stock are sold short. Based on an average daily volume of 6,191,641 shares, the days-to-cover ratio is currently 0.7 days.

Defiance Daily Target 2X Long IREN ETF Stock Down 2.4%

Shares of IRE stock traded down $0.23 on Wednesday, hitting $9.17. The company’s stock had a trading volume of 5,558,651 shares, compared to its average volume of 6,504,524. Defiance Daily Target 2X Long IREN ETF has a fifty-two week low of $5.70 and a fifty-two week high of $124.68. The firm’s fifty day moving average price is $10.37 and its 200-day moving average price is $18.35.

iShares MSCI Ireland ETF (NYSEARCA: IRE) is an exchange-traded fund managed by BlackRock’s iShares business that provides investors with targeted exposure to Irish equities. Listed on the NYSE Arca, the fund is designed to reflect the performance of an investment benchmark composed of companies domiciled in or with significant exposure to Ireland. It offers a single-ticket way to access the Irish equity market within a U.S.-listed vehicle.

The ETF holds a portfolio of Irish companies spanning multiple sectors, giving investors exposure to the country’s prominent industries such as financials, consumer goods and services, industrials, and healthcare.