Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Trading Down 5.4% – Here’s What Happened

Shares of Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) fell 5.4% during trading on Friday . The stock traded as low as $39.77 and last traded at $42.31. Approximately 192,247 shares traded hands during trading, a decline of 87% from the average session volume of 1,448,237 shares. The stock had previously closed at $44.71.

Defiance Daily Target 2X Long HIMS ETF Stock Down 5.4%

The stock has a market capitalization of $96.47 million, a PE ratio of 137.04 and a beta of 3.69. The stock’s 50-day moving average is $39.24 and its 200 day moving average is $40.12.

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

Institutional investors have recently modified their holdings of the stock. Jump Financial LLC purchased a new position in shares of Defiance Daily Target 2X Long HIMS ETF during the 2nd quarter valued at $522,000. Prosperitas Financial LLC purchased a new stake in shares of Defiance Daily Target 2X Long HIMS ETF during the fourth quarter worth $116,000. HRT Financial LP acquired a new stake in Defiance Daily Target 2X Long HIMS ETF during the fourth quarter valued at $176,000. Finally, XTX Topco Ltd acquired a new stake in Defiance Daily Target 2X Long HIMS ETF during the fourth quarter valued at $59,000.

Defiance Daily Target 2X Long HIMS ETF Company Profile

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.