Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) Short Interest Up 116.0% in July

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,968,681 shares, an increase of 116.0% from the June 30th total of 911,544 shares. Approximately 17.3% of the shares of the company are short sold. Based on an average daily trading volume, of 4,022,674 shares, the short-interest ratio is currently 0.5 days.

Defiance Daily Target 2X Long ORCL ETF Stock Performance

Shares of ORCX traded up $1.85 during mid-day trading on Thursday, hitting $16.39. The company’s stock had a trading volume of 2,825,106 shares, compared to its average volume of 2,756,482. The stock’s 50-day moving average is $32.26 and its two-hundred day moving average is $33.71. The firm has a market capitalization of $229.30 million, a PE ratio of 35.86 and a beta of 5.94. Defiance Daily Target 2X Long ORCL ETF has a one year low of $13.71 and a one year high of $181.59.

Institutional Trading of Defiance Daily Target 2X Long ORCL ETF

An institutional investor recently bought a new stake 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 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 15,453 shares of the company’s stock, valued at approximately $615,000. Flow Traders U.S. LLC owned about 0.23% of Defiance Daily Target 2X Long ORCL ETF at the end of the most recent reporting period.

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.