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

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 52,733 shares, a growth of 114.6% from the May 14th total of 24,575 shares. Based on an average daily volume of 123,205 shares, the short-interest ratio is currently 0.4 days. Approximately 8.1% of the shares of the stock are sold short.

Defiance Daily Target 2X Long HOOD ETF Stock Performance

HOOX opened at $34.09 on Monday. The business’s fifty day moving average is $24.28 and its two-hundred day moving average is $41.54. The company has a market cap of $22.16 million, a price-to-earnings ratio of 30.82 and a beta of 6.63. Defiance Daily Target 2X Long HOOD ETF has a one year low of $16.44 and a one year high of $154.38.

Defiance Daily Target 2X Long HOOD ETF Company Profile

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.