Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Sees Significant Growth in Short Interest

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOXGet Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 74,958 shares, a growth of 55.4% from the July 15th total of 48,241 shares. Based on an average daily volume of 55,110 shares, the days-to-cover ratio is currently 1.4 days. Approximately 17.4% of the company’s stock are short sold.

Defiance Daily Target 2X Long HOOD ETF Price Performance

HOOX opened at $29.17 on Tuesday. The firm’s fifty day moving average price is $33.63 and its two-hundred day moving average price is $28.17. Defiance Daily Target 2X Long HOOD ETF has a 1 year low of $16.44 and a 1 year high of $154.38. The company has a market capitalization of $12.54 million, a price-to-earnings ratio of 30.82 and a beta of 6.70.

About Defiance Daily Target 2X Long HOOD ETF

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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.

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