Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) Trading Up 4.5% – Here’s Why

Posted by ABMN Staff on Dec 4th, 2025

Shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX – Get Free Report) shot up 4.5% during trading on Wednesday . The stock traded as high as $16.35 and last traded at $16.31. 1,446,601 shares traded hands during trading, a decline of 51% from the average session volume of 2,976,480 shares. The stock had previously closed at $15.61.

Defiance Daily Target 2X Long SMCI ETF Price Performance

The business’s fifty day moving average price is $33.36 and its two-hundred day moving average price is $39.16.

Hedge Funds Weigh In On Defiance Daily Target 2X Long SMCI ETF

A hedge fund recently raised its stake in Defiance Daily Target 2X Long SMCI ETF stock. Optiver Holding B.V. raised its holdings in shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX – Free Report) by 306.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,354 shares of the company’s stock after purchasing an additional 20,628 shares during the period. Optiver Holding B.V. owned 0.48% of Defiance Daily Target 2X Long SMCI ETF worth $1,063,000 at the end of the most recent quarter.

About Defiance Daily Target 2X Long SMCI ETF

(Get Free Report)

The Defiance Daily Target 2X Long SMCI ETF (SMCX) 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 Super Micro Computer, Inc (SMCI), less fees and expenses, through derivatives like swap agreements SMCX was launched on Aug 21, 2024 and is issued by Defiance.