Short Interest in Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) Rises By 80.8%

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 911,544 shares, a growth of 80.8% from the June 15th total of 504,195 shares. Based on an average trading volume of 1,835,084 shares, the short-interest ratio is currently 0.5 days. Approximately 8.7% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Defiance Daily Target 2X Long ORCL ETF stock. Flow Traders U.S. LLC purchased a new position in Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,453 shares of the company’s stock, valued at approximately $615,000. Flow Traders U.S. LLC owned approximately 0.23% of Defiance Daily Target 2X Long ORCL ETF at the end of the most recent quarter.

Defiance Daily Target 2X Long ORCL ETF Stock Up 3.1%

Shares of NASDAQ:ORCX traded up $0.51 during midday trading on Friday, reaching $16.94. 2,818,759 shares of the company traded hands, compared to its average volume of 2,725,950. Defiance Daily Target 2X Long ORCL ETF has a 12 month low of $15.65 and a 12 month high of $181.59. The firm has a market capitalization of $177.70 million, a price-to-earnings ratio of 35.86 and a beta of 5.94. The firm’s fifty day moving average price is $36.53 and its two-hundred day moving average price is $35.83.

Defiance Daily Target 2X Long ORCL ETF Company Profile

The Defiance Daily Target 2X Long ORCL ETF (ORCX) 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 Oracle Corporation (ORCL), less fees and expenses, through derivatives like swap agreements. ORCX was launched on Feb 6, 2025 and is issued by Defiance.