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 target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 104,491 shares, an increase of 160.7% from the October 15th total of 40,075 shares. Approximately 23.7% of the shares of the company are short sold. Based on an average daily volume of 33,104 shares, the short-interest ratio is currently 3.2 days.

Defiance Daily Target 2X Long HOOD ETF Price Performance

Shares of NASDAQ HOOX traded down $1.66 during trading hours on Friday, reaching $16.00. The stock had a trading volume of 5,525 shares, compared to its average volume of 86,082. The company has a market cap of $7.04 million, a price-to-earnings ratio of 30.82 and a beta of 7.14. Defiance Daily Target 2X Long HOOD ETF has a twelve month low of $15.45 and a twelve month high of $110.48. The business’s fifty day moving average is $31.43 and its two-hundred day moving average is $29.37.

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.