Defiance Daily Target 2X Long IREN ETF Sees Unusually High Options Volume (NYSEARCA:IRE)

Defiance Daily Target 2X Long IREN ETF (NYSEARCA:IRE) was the target of unusually large options trading on Wednesday. Investors acquired 24,845 call options on the company. This represents an increase of 275% compared to the typical daily volume of 6,621 call options.

Defiance Daily Target 2X Long IREN ETF Stock Down 23.1%

NYSEARCA:IRE opened at $5.40 on Friday. Defiance Daily Target 2X Long IREN ETF has a 12-month low of $4.80 and a 12-month high of $31.17.

iShares MSCI Ireland ETF (NYSEARCA: IRE) is an exchange-traded fund managed by BlackRock’s iShares business that provides investors with targeted exposure to Irish equities. Listed on the NYSE Arca, the fund is designed to reflect the performance of an investment benchmark composed of companies domiciled in or with significant exposure to Ireland. It offers a single-ticket way to access the Irish equity market within a U.S.-listed vehicle.

The ETF holds a portfolio of Irish companies spanning multiple sectors, giving investors exposure to the country’s prominent industries such as financials, consumer goods and services, industrials, and healthcare.