Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Stock Short Interest Falls 33.3%

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 40,075 shares, a decline of 33.3% from the September 30th total of 60,087 shares. Based on an average daily trading volume, of 18,575 shares, the days-to-cover ratio is currently 2.2 days. Approximately 10.3% of the company’s stock are sold short.

Defiance Daily Target 2X Long HOOD ETF Price Performance

Shares of HOOX stock traded down $0.04 during trading hours on Tuesday, reaching $19.73. 2,470 shares of the stock were exchanged, compared to its average volume of 88,987. The business’s fifty day moving average is $34.01 and its two-hundred day moving average is $30.87. The firm has a market capitalization of $8.09 million, a P/E ratio of 30.82 and a beta of 6.64. Defiance Daily Target 2X Long HOOD ETF has a 12-month low of $16.44 and a 12-month high of $138.80.

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.