Defiance Daily Target 2X Long NVO ETF (NYSEARCA:NVOX) Stock Short Interest Drops 70.0%

Defiance Daily Target 2X Long NVO ETF (NYSEARCA:NVOX – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 187,173 shares, a decrease of 70.0% from the September 30th total of 624,282 shares. Currently, 4.7% of the company’s shares are short sold. Based on an average trading volume of 514,682 shares, the short-interest ratio is presently 0.4 days.

Defiance Daily Target 2X Long NVO ETF Price Performance

NYSEARCA:NVOX traded up $0.40 on Friday, reaching $10.27. The company’s stock had a trading volume of 481,230 shares, compared to its average volume of 704,389. Defiance Daily Target 2X Long NVO ETF has a 12-month low of $8.87 and a 12-month high of $33.81. The stock has a 50 day moving average price of $11.40 and a 200 day moving average price of $14.51.

About Defiance Daily Target 2X Long NVO ETF

(Get Free Report)

The Defiance Daily Target 2X Long NVO ETF (NVOX) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of NOVO Nordisk A/S – ADR (NVO), less fees and expenses, through derivatives like swap agreements. NVOX was launched on Dec 2, 2024 and is issued by Defiance.

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