Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) Short Interest Update

Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 12,275 shares, a decline of 67.5% from the May 31st total of 37,752 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily volume of 148,326 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RIOT ETF stock. Group One Trading LLC acquired a new stake in shares of Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 18,191 shares of the company’s stock, valued at approximately $609,000. Group One Trading LLC owned about 1.38% of Defiance Daily Target 2X Long RIOT ETF as of its most recent filing with the SEC.

Defiance Daily Target 2X Long RIOT ETF Trading Down 5.2%

Shares of NYSEARCA RIOX traded down $3.32 during midday trading on Monday, reaching $60.56. The company had a trading volume of 232,710 shares, compared to its average volume of 238,872. The business’s 50-day simple moving average is $49.92 and its 200 day simple moving average is $36.59. Defiance Daily Target 2X Long RIOT ETF has a 1 year low of $12.96 and a 1 year high of $153.75.

Defiance Daily Target 2X Long RIOT ETF Company Profile

The Defiance Daily Target 2X Long RIOT ETF (RIOX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x long daily price performance of Riot Platforms, Inc shares, less fees and expenses, through the use of swap contracts RIOX was launched on Jan 2, 2025 and is issued by Defiance.