Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Short Interest Down 49.9% in August

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 37,525 shares, a drop of 49.9% from the July 30th total of 74,958 shares. Approximately 8.7% of the company’s shares are short sold. Based on an average trading volume of 27,709 shares, the short-interest ratio is currently 1.4 days.

Defiance Daily Target 2X Long HOOD ETF Stock Down 9.9%

Shares of HOOX traded down $3.63 during trading hours on Friday, reaching $33.04. 14,721 shares of the company traded hands, compared to its average volume of 104,721. Defiance Daily Target 2X Long HOOD ETF has a 12 month low of $16.44 and a 12 month high of $154.38. The company has a market capitalization of $14.21 million, a price-to-earnings ratio of 30.82 and a beta of 6.70. The company’s fifty day moving average price is $33.67 and its two-hundred day moving average price is $27.94.

About Defiance Daily Target 2X Long HOOD ETF

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.