Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) Stock Price Up 1.6% – What’s Next?

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCXGet Free Report) shot up 1.6% during mid-day trading on Wednesday . The stock traded as high as $23.87 and last traded at $23.47. 10,892,219 shares traded hands during trading, an increase of 1,047% from the average session volume of 949,948 shares. The stock had previously closed at $23.11.

Defiance Daily Target 2X Long ORCL ETF Stock Up 1.6%

The firm has a market capitalization of $154.67 million, a P/E ratio of 35.86 and a beta of 16.41. The company’s 50 day moving average is $31.01 and its 200-day moving average is $31.74.

Institutional Trading of Defiance Daily Target 2X Long ORCL ETF

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long ORCL ETF stock. Flow Traders U.S. LLC bought a new stake in Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCXFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,453 shares of the company’s stock, valued at approximately $615,000. Flow Traders U.S. LLC owned approximately 0.23% of Defiance Daily Target 2X Long ORCL ETF at the end of the most recent reporting period.

About Defiance Daily Target 2X Long ORCL ETF

(Get Free Report)

The Defiance Daily Target 2X Long ORCL ETF (ORCX) 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 Oracle Corporation (ORCL), less fees and expenses, through derivatives like swap agreements.

Further Reading

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