Defiance Daily Target 2X Long SMCI ETF Target of Unusually Large Options Trading (NASDAQ:SMCX)

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) was the recipient of unusually large options trading activity on Wednesday. Traders bought 2,602 call options on the company. This is an increase of approximately 35% compared to the typical volume of 1,934 call options.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long SMCI ETF stock. Simplex Trading LLC purchased a new stake in shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned 0.05% of Defiance Daily Target 2X Long SMCI ETF at the end of the most recent quarter.

Defiance Daily Target 2X Long SMCI ETF Price Performance

NASDAQ:SMCX traded up $3.11 during trading hours on Wednesday, hitting $9.56. 14,136,529 shares of the stock traded hands, compared to its average volume of 3,864,322. The firm has a 50 day moving average price of $13.74 and a 200 day moving average price of $17.12. Defiance Daily Target 2X Long SMCI ETF has a fifty-two week low of $5.46 and a fifty-two week high of $151.22.

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.