Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) Shares Shorted: Short Interest Down 52.2% in September

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,534,018 shares, a decline of 52.2% from the September 15th total of 5,304,629 shares. Approximately 19.0% of the company’s stock are short sold. Based on an average daily volume of 4,752,181 shares, the short-interest ratio is currently 0.5 days.

Defiance Daily Target 2X Long SMCI ETF Stock Down 10.5%

Defiance Daily Target 2X Long SMCI ETF stock traded down $1.28 during midday trading on Wednesday, hitting $10.90. The stock had a trading volume of 2,232,454 shares, compared to its average volume of 4,497,108. Defiance Daily Target 2X Long SMCI ETF has a 12 month low of $5.46 and a 12 month high of $102.92. The business has a fifty day moving average price of $12.69 and a 200 day moving average price of $12.47.

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.