Defiance Daily Target 2X Long NVO ETF (NYSEARCA:NVOX) Short Interest Update

Defiance Daily Target 2X Long NVO ETF (NYSEARCA:NVOX) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 41,675 shares, a decline of 94.4% from the June 15th total of 744,242 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average trading volume of 476,528 shares, the days-to-cover ratio is presently 0.1 days.

Defiance Daily Target 2X Long NVO ETF Stock Up 2.5%

Shares of Defiance Daily Target 2X Long NVO ETF stock traded up $0.42 during trading on Friday, reaching $17.01. 211,766 shares of the company traded hands, compared to its average volume of 880,129. Defiance Daily Target 2X Long NVO ETF has a 1-year low of $9.23 and a 1-year high of $54.08. The company has a 50 day moving average price of $14.83 and a 200-day moving average price of $16.48.

Defiance Daily Target 2X Long NVO ETF Company Profile

The Defiance Daily Target 2X Long NVO ETF (NVOX) 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 NOVO Nordisk A/S – ADR (NVO), less fees and expenses, through derivatives like swap agreements. NVOX was launched on Dec 2, 2024 and is issued by Defiance.