Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Short Interest Up 233.5% in April

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 660,002 shares, an increase of 233.5% from the April 15th total of 197,895 shares. Approximately 11.2% of the shares of the company are sold short. Based on an average daily volume of 2,732,690 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Defiance Daily Target 2X Long RKLB ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management acquired a new position in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 645 shares of the company’s stock, valued at approximately $26,000.

Defiance Daily Target 2X Long RKLB ETF Stock Up 13.3%

NASDAQ:RKLX traded up $10.75 during trading hours on Thursday, reaching $91.62. 3,229,408 shares of the company’s stock were exchanged, compared to its average volume of 2,651,731. The company has a 50-day moving average of $37.97 and a 200 day moving average of $39.17. Defiance Daily Target 2X Long RKLB ETF has a 1-year low of $8.56 and a 1-year high of $92.56.

About Defiance Daily Target 2X Long RKLB ETF

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.