Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Shares Down 3.4% – What’s Next?

Shares of Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) were down 3.4% during mid-day trading on Friday . The company traded as low as $7.79 and last traded at $7.93. Approximately 3,350,286 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 4,026,846 shares. The stock had previously closed at $8.21.

Defiance Daily Target 2X Long HIMS ETF Stock Down 3.4%

The company’s fifty day simple moving average is $12.52 and its 200 day simple moving average is $20.30. The firm has a market capitalization of $107.93 million, a PE ratio of 137.04 and a beta of -17.32.

Institutional Investors Weigh In On Defiance Daily Target 2X Long HIMS ETF

Several hedge funds have recently made changes to their positions in HIMZ. Jump Financial LLC purchased a new stake in Defiance Daily Target 2X Long HIMS ETF in the second quarter worth $522,000. SteelPeak Wealth LLC purchased a new position in Defiance Daily Target 2X Long HIMS ETF during the third quarter valued at $631,000. Finally, Optiver Holding B.V. boosted its holdings in shares of Defiance Daily Target 2X Long HIMS ETF by 1,142.8% during the 3rd quarter. Optiver Holding B.V. now owns 57,603 shares of the company’s stock valued at $1,299,000 after buying an additional 52,968 shares in the last quarter.

About Defiance Daily Target 2X Long HIMS ETF

The Defiance Daily Target 2X Long HIMS ETF (HIMZ) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Hims & Hers Health Inc (HIMS), less fees and expenses, through derivatives like swap agreements HIMZ was launched on Mar 12, 2025 and is issued by Defiance.