Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) Shares Up 6.2% – Should You Buy?

Posted by ABMN Staff on Apr 9th, 2026

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX – Get Free Report) traded up 6.2% on Wednesday . The company traded as high as $9.46 and last traded at $8.86. 4,352,168 shares traded hands during trading, an increase of 61% from the average session volume of 2,695,698 shares. The stock had previously closed at $8.34.

Defiance Daily Target 2X Long SMCI ETF Trading Up 6.2%

The company’s 50-day moving average is $19.38 and its two-hundred day moving average is $39.10.

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

A number of large investors have recently added to or reduced their stakes in the stock. Simplex Trading LLC bought a new stake in Defiance Daily Target 2X Long SMCI ETF in the 4th quarter worth approximately $95,000. HRT Financial LP bought a new stake in Defiance Daily Target 2X Long SMCI ETF in the 4th quarter worth approximately $228,000. Finally, Optiver Holding B.V. grew its position in Defiance Daily Target 2X Long SMCI ETF by 306.7% in the 3rd quarter. Optiver Holding B.V. now owns 27,354 shares of the company’s stock worth $1,063,000 after purchasing an additional 20,628 shares during the period.

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.