Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX – Get Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 525,714 shares, a growth of 226.8% from the June 30th total of 160,865 shares. Based on an average daily trading volume, of 886,479 shares, the short-interest ratio is presently 0.6 days. Approximately 10.1% of the company’s shares are short sold.
Institutional Investors Weigh In On Defiance Daily Target 2X Long IONQ ETF
A number of institutional investors have recently added to or reduced their stakes in the company. UBS Group AG acquired a new stake in Defiance Daily Target 2X Long IONQ ETF during the fourth quarter worth about $2,065,000. Jump Financial LLC acquired a new position in shares of Defiance Daily Target 2X Long IONQ ETF in the 2nd quarter valued at about $604,000. Flow Traders U.S. LLC purchased a new stake in shares of Defiance Daily Target 2X Long IONQ ETF during the 2nd quarter worth about $270,000. Finally, Hollencrest Capital Management purchased a new stake in shares of Defiance Daily Target 2X Long IONQ ETF during the 4th quarter worth about $48,000.
Defiance Daily Target 2X Long IONQ ETF Trading Down 7.7%
Shares of IONX stock traded down $1.52 on Friday, reaching $18.18. 957,320 shares of the stock were exchanged, compared to its average volume of 1,701,877. The firm has a 50 day moving average of $54.39 and a two-hundred day moving average of $47.50. Defiance Daily Target 2X Long IONQ ETF has a 1-year low of $16.81 and a 1-year high of $311.86.
Defiance Daily Target 2X Long IONQ ETF Company Profile
The Defiance Daily Target 2X Long IONQ ETF (IONX) 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 IonQ, Inc (IONQ), less fees and expenses, through derivatives like swap agreements IONX was launched on Mar 11, 2025 and is issued by Defiance.
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