Defiance Daily Target 2X Long ANET ETF (NASDAQ:ANEL) Short Interest Update

Defiance Daily Target 2X Long ANET ETF (NASDAQ:ANEL) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 7,904 shares, a decline of 95.1% from the August 31st total of 160,087 shares. Based on an average trading volume of 33,737 shares, the short-interest ratio is presently 0.2 days. Approximately 1.3% of the shares of the stock are short sold.

Defiance Daily Target 2X Long ANET ETF Stock Performance

NASDAQ ANEL opened at $28.13 on Friday. The stock’s 50 day simple moving average is $24.83 and its 200 day simple moving average is $20.99. Defiance Daily Target 2X Long ANET ETF has a one year low of $11.38 and a one year high of $31.74.

Anellotech, Inc is a clean-technology company that develops and commercializes processes to produce renewable chemicals from non-food biomass. The company’s core focus is on delivering bio-based aromatic hydrocarbons — including benzene, toluene and xylene (BTX) — that can be used as drop-in replacements for petrochemical feedstocks in the production of plastics, nylons and other industrial chemicals. Anellotech positions its offerings toward customers looking for lower-carbon alternatives to conventional petroleum-derived chemicals.

At the center of Anellotech’s business is a proprietary catalytic fast pyrolysis (CFP) approach that thermally converts lignocellulosic biomass and other non-food feedstocks into an aromatic-rich vapour stream, which is then catalytically upgraded to produce target molecules.