Short Interest in Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) Expands By 80.8%

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 911,544 shares, an increase of 80.8% from the June 15th total of 504,195 shares. Currently, 8.7% of the company’s stock are short sold. Based on an average daily volume of 1,835,084 shares, the days-to-cover ratio is presently 0.5 days.

Defiance Daily Target 2X Long ORCL ETF Price Performance

NASDAQ:ORCX opened at $16.43 on Friday. Defiance Daily Target 2X Long ORCL ETF has a fifty-two week low of $16.27 and a fifty-two week high of $181.59. The stock has a market capitalization of $172.35 million, a PE ratio of 35.86 and a beta of 5.94. The business’s 50-day simple moving average is $37.09 and its 200-day simple moving average is $35.97.

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 purchased a new stake in Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Defiance Daily Target 2X Long ORCL ETF Company Profile

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. ORCX was launched on Feb 6, 2025 and is issued by Defiance.