Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) Sees Significant Drop in Short Interest

Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOXGet Free Report) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 128,426 shares, a decline of 86.9% from the December 31st total of 978,900 shares. Approximately 5.4% of the company’s stock are short sold. Based on an average trading volume of 596,814 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 596,814 shares, the short-interest ratio is presently 0.2 days. Approximately 5.4% of the company’s stock are short sold.

Defiance Daily Target 2X Long RIOT ETF Stock Performance

NYSEARCA:RIOX traded down $0.86 on Thursday, reaching $11.66. 786,621 shares of the stock traded hands, compared to its average volume of 691,101. Defiance Daily Target 2X Long RIOT ETF has a 1-year low of $5.15 and a 1-year high of $51.25. The company’s 50 day moving average is $13.56 and its 200-day moving average is $21.13.

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

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RIOT ETF stock. Group One Trading LLC bought a new stake in shares of Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOXFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,191 shares of the company’s stock, valued at approximately $609,000. Group One Trading LLC owned about 1.38% of Defiance Daily Target 2X Long RIOT ETF as of its most recent filing with the Securities and Exchange Commission.

Defiance Daily Target 2X Long RIOT ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long RIOT ETF (RIOX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x long daily price performance of Riot Platforms, Inc shares, less fees and expenses, through the use of swap contracts RIOX was launched on Jan 2, 2025 and is issued by Defiance.

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