Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) Stock Jumps 7.9% – Here’s What Happened

Shares of Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX – Get Free Report) shot up 7.9% during mid-day trading on Tuesday. The stock traded as high as $35.68 and last traded at $35.07. 459,530 shares traded hands during trading, a decline of 45% from the average session volume of 835,646 shares. The stock had previously closed at $32.50.

Defiance Daily Target 2X Long AVGO ETF Price Performance

The business has a 50-day simple moving average of $38.45 and a 200-day simple moving average of $46.16.

Defiance Daily Target 2X Long AVGO ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long AVGO ETF (AVGX) 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 Broadcom Inc (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.

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