Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Sees Large Growth in Short Interest

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 74,958 shares, an increase of 55.4% from the July 15th total of 48,241 shares. Based on an average daily volume of 55,110 shares, the short-interest ratio is currently 1.4 days. Currently, 17.4% of the shares of the stock are sold short.

Defiance Daily Target 2X Long HOOD ETF Stock Performance

Defiance Daily Target 2X Long HOOD ETF stock opened at $26.69 on Wednesday. The firm has a market cap of $11.48 million, a price-to-earnings ratio of 30.82 and a beta of 6.70. Defiance Daily Target 2X Long HOOD ETF has a 1 year low of $16.44 and a 1 year high of $154.38. The firm’s 50 day moving average price is $33.67 and its two-hundred day moving average price is $28.01.

Defiance Daily Target 2X Long HOOD ETF Company Profile

The Defiance Daily Target 2X Long HOOD ETF (HOOX) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of Robinhood Markets, Inc (Nasdaq: HOOD), less fees and expenses. HOOX was launched on Mar 18, 2025 and is issued by Defiance.