Short Interest in Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Drops By 49.9%

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 37,525 shares, a drop of 49.9% from the July 30th total of 74,958 shares. Approximately 8.7% of the company’s stock are sold short. Based on an average daily volume of 27,709 shares, the days-to-cover ratio is presently 1.4 days.

Defiance Daily Target 2X Long HOOD ETF Trading Up 0.7%

Shares of Defiance Daily Target 2X Long HOOD ETF stock traded up $0.24 on Monday, reaching $33.28. 23,682 shares of the company were exchanged, compared to its average volume of 104,234. Defiance Daily Target 2X Long HOOD ETF has a one year low of $16.44 and a one year high of $154.38. The company has a market capitalization of $14.31 million, a price-to-earnings ratio of 30.82 and a beta of 6.70. The company has a 50-day moving average of $33.67 and a 200 day moving average of $27.90.

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.