Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Stock Price Down 8% – What’s Next?

Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ)’s share price was down 8% during trading on Friday . The company traded as low as $29.76 and last traded at $29.77. Approximately 249,334 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 2,275,177 shares. The stock had previously closed at $32.35.

Defiance Daily Target 2X Long HIMS ETF Stock Performance

The business’s fifty day simple moving average is $3.41 and its 200 day simple moving average is $9.87. The stock has a market cap of $807.77 million, a price-to-earnings ratio of 137.04 and a beta of -17.32.

Institutional Investors Weigh In On Defiance Daily Target 2X Long HIMS ETF

Several large investors have recently added to or reduced their stakes in HIMZ. Optiver Holding B.V. raised its holdings in shares of Defiance Daily Target 2X Long HIMS ETF by 1,142.8% during the third quarter. Optiver Holding B.V. now owns 57,603 shares of the company’s stock valued at $1,299,000 after buying an additional 52,968 shares during the last quarter. HRT Financial LP acquired a new position in Defiance Daily Target 2X Long HIMS ETF during the fourth quarter worth about $176,000. SteelPeak Wealth LLC bought a new stake in shares of Defiance Daily Target 2X Long HIMS ETF in the 3rd quarter worth approximately $631,000. Jump Financial LLC acquired a new stake in shares of Defiance Daily Target 2X Long HIMS ETF during the second quarter worth $522,000. Finally, Prosperitas Financial LLC acquired a new position in shares of Defiance Daily Target 2X Long HIMS ETF in the fourth quarter worth about $116,000.

About Defiance Daily Target 2X Long HIMS ETF

The Defiance Daily Target 2X Long HIMS ETF (HIMZ) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Hims & Hers Health Inc (HIMS), less fees and expenses, through derivatives like swap agreements HIMZ was launched on Mar 12, 2025 and is issued by Defiance.