Shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX – Get Free Report) fell 11.9% during trading on Wednesday. The stock traded as low as $6.42 and last traded at $6.52. 16,167,626 shares changed hands during trading, an increase of 250% from the average session volume of 4,621,998 shares. The stock had previously closed at $7.40.
Defiance Daily Target 2X Long SMCI ETF Trading Down 11.9%
The stock’s 50-day moving average is $11.77 and its 200 day moving average is $14.59.
Defiance Daily Target 2X Long SMCI ETF Company Profile
The Defiance Daily Target 2X Long SMCI ETF (SMCX) 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 Super Micro Computer, Inc (SMCI), less fees and expenses, through derivatives like swap agreements SMCX was launched on Aug 21, 2024 and is issued by Defiance.
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