Defiance Daily Target 2X Long SMCI ETF Sees Unusually Large Options Volume (NASDAQ:SMCX)

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) saw some unusual options trading activity on Wednesday. Investors purchased 2,602 call options on the company. This represents an increase of approximately 35% compared to the average daily volume of 1,934 call options.

Defiance Daily Target 2X Long SMCI ETF Stock Up 4.6%

NASDAQ:SMCX opened at $9.40 on Friday. The company has a 50-day moving average of $13.50 and a 200-day moving average of $16.91. Defiance Daily Target 2X Long SMCI ETF has a 52 week low of $5.46 and a 52 week high of $151.22.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long SMCI ETF stock. Simplex Trading LLC acquired a new stake in shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned approximately 0.05% of Defiance Daily Target 2X Long SMCI ETF at the end of the most recent quarter.

About Defiance Daily Target 2X Long SMCI ETF

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.