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

Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 97,708 shares, an increase of 696.0% from the June 15th total of 12,275 shares. Currently, 18.4% of the company’s shares are sold short. Based on an average daily volume of 203,773 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Defiance Daily Target 2X Long RIOT ETF

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RIOT ETF stock. Group One Trading LLC bought a new position in shares of Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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 at the end of the most recent quarter.

Defiance Daily Target 2X Long RIOT ETF Trading Down 5.1%

Shares of NYSEARCA RIOX traded down $1.79 during midday trading on Friday, hitting $33.00. The company’s stock had a trading volume of 53,700 shares, compared to its average volume of 232,088. The business’s 50 day moving average is $52.39 and its two-hundred day moving average is $36.32. Defiance Daily Target 2X Long RIOT ETF has a 12-month low of $12.96 and a 12-month high of $153.75.

About Defiance Daily Target 2X Long RIOT ETF

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.