Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYX – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 391,908 shares, an increase of 253.7% from the August 15th total of 110,804 shares. Based on an average trading volume of 350,017 shares, the days-to-cover ratio is presently 1.1 days. Currently, 20.1% of the company’s shares are short sold.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Defiance Daily Target 2X Long LLY ETF stock. Jump Financial LLC bought a new stake in Defiance Daily Target 2X Long LLY ETF (NYSEARCA:LLYX – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 9,186 shares of the company’s stock, valued at approximately $234,000. Jump Financial LLC owned about 0.54% of Defiance Daily Target 2X Long LLY ETF at the end of the most recent quarter.
Defiance Daily Target 2X Long LLY ETF Price Performance
Defiance Daily Target 2X Long LLY ETF stock traded down $0.40 during trading on Friday, reaching $22.91. The company had a trading volume of 241,569 shares, compared to its average volume of 441,018. Defiance Daily Target 2X Long LLY ETF has a 12-month low of $12.18 and a 12-month high of $31.19. The stock’s 50 day moving average price is $26.37 and its two-hundred day moving average price is $22.72.
Defiance Daily Target 2X Long LLY ETF Company Profile
The Defiance Daily Target 2X Long LLY ETF (LLYX) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of the Eli Lilly and Company (NYSE: LLY), less fees and expenses. LLYX was launched on Aug 7, 2024 and is issued by Defiance.
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