Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYX) Stock Short Interest Falls 58.7%

Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYX) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 161,919 shares, a drop of 58.7% from the August 31st total of 391,908 shares. Based on an average daily trading volume, of 251,471 shares, the short-interest ratio is presently 0.6 days. Currently, 9.0% of the company’s shares are sold short.

Defiance Daily Target 2X Long LLY ETF Stock Performance

Shares of LLYX stock traded up $0.05 on Monday, reaching $25.73. The company had a trading volume of 102,413 shares, compared to its average volume of 427,299. The company has a 50-day moving average of $25.87 and a 200-day moving average of $22.93. Defiance Daily Target 2X Long LLY ETF has a 12 month low of $12.31 and a 12 month high of $31.19.

Defiance Daily Target 2X Long LLY ETF Company Profile

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.