Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYX) Sees Large Decrease in Short Interest

Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYXGet Free Report) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 98,761 shares, a decline of 72.5% from the February 26th total of 359,584 shares. Based on an average daily trading volume, of 226,804 shares, the days-to-cover ratio is currently 0.4 days. Currently, 5.8% of the company’s shares are short sold. Currently, 5.8% of the company’s shares are short sold. Based on an average daily trading volume, of 226,804 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Defiance Daily Target 2X Long LLY ETF stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYXFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 5,433 shares of the company’s stock, valued at approximately $138,000. Thurston Springer Miller Herd & Titak Inc. owned approximately 0.34% of Defiance Daily Target 2X Long LLY ETF as of its most recent SEC filing.

Defiance Daily Target 2X Long LLY ETF Stock Performance

LLYX traded up $0.46 on Wednesday, hitting $17.30. The company had a trading volume of 215,704 shares, compared to its average volume of 400,930. Defiance Daily Target 2X Long LLY ETF has a 52-week low of $9.60 and a 52-week high of $28.44. The stock has a fifty day simple moving average of $21.96 and a 200-day simple moving average of $20.97.

Defiance Daily Target 2X Long LLY ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a $0.7042 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 273.0%.

Defiance Daily Target 2X Long LLY ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long LLY ETF (LLYX) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of the Eli Lilly and Company (NYSE: LLY), less fees and expenses. LLYX was launched on Aug 7, 2024 and is issued by Defiance.

Further Reading

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