Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Sees Significant Growth in Short Interest

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 52,733 shares, a growth of 114.6% from the May 14th total of 24,575 shares. Based on an average daily volume of 123,205 shares, the short-interest ratio is currently 0.4 days. Currently, 8.1% of the shares of the company are short sold.

Defiance Daily Target 2X Long HOOD ETF Stock Performance

Defiance Daily Target 2X Long HOOD ETF stock traded up $0.52 during midday trading on Friday, hitting $30.20. 118,068 shares of the company’s stock were exchanged, compared to its average volume of 125,712. Defiance Daily Target 2X Long HOOD ETF has a 12-month low of $16.44 and a 12-month high of $154.38. The stock has a market cap of $19.63 million, a price-to-earnings ratio of 30.82 and a beta of 6.63. The firm’s 50 day simple moving average is $24.28 and its 200 day simple moving average is $41.54.

Defiance Daily Target 2X Long HOOD ETF Company Profile

The Defiance Daily Target 2X Long HOOD ETF (HOOX) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of Robinhood Markets, Inc (Nasdaq: HOOD), less fees and expenses. HOOX was launched on Mar 18, 2025 and is issued by Defiance.