Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) Shares Shorted: Short Interest Up 442.3% in October

Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 1,182,729 shares, an increase of 442.3% from the September 30th total of 218,110 shares. Approximately 14.0% of the company’s stock are sold short. Based on an average trading volume of 1,375,339 shares, the short-interest ratio is currently 0.9 days.

Defiance Daily Target 2X Long IONQ ETF Price Performance

NASDAQ IONX traded up $1.77 during trading hours on Tuesday, hitting $14.27. The company’s stock had a trading volume of 782,233 shares, compared to its average volume of 1,531,543. Defiance Daily Target 2X Long IONQ ETF has a 52 week low of $11.85 and a 52 week high of $172.50. The company’s 50-day simple moving average is $22.56 and its two-hundred day simple moving average is $39.17.

About Defiance Daily Target 2X Long IONQ ETF

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.