Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) Short Interest Update

Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 669,591 shares, a growth of 124.8% from the August 15th total of 297,827 shares. Currently, 15.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 612,226 shares, the days-to-cover ratio is currently 1.1 days.

Defiance Daily Target 2X Long AVGO ETF Price Performance

Shares of Defiance Daily Target 2X Long AVGO ETF stock traded down $1.16 on Tuesday, hitting $35.43. The company’s stock had a trading volume of 609,321 shares, compared to its average volume of 880,176. Defiance Daily Target 2X Long AVGO ETF has a 52-week low of $30.84 and a 52-week high of $84.80. The firm has a fifty day moving average price of $46.41 and a 200-day moving average price of $49.06.

About Defiance Daily Target 2X Long AVGO ETF

The Defiance Daily Target 2X Long AVGO ETF (AVGX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Broadcom Inc (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.