Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Short Interest Down 80.4% in May

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 24,575 shares, a drop of 80.4% from the April 30th total of 125,291 shares. Based on an average daily trading volume, of 120,667 shares, the days-to-cover ratio is presently 0.2 days. Currently, 3.8% of the company’s shares are sold short.

Defiance Daily Target 2X Long HOOD ETF Stock Performance

Shares of NASDAQ HOOX traded up $5.89 during trading hours on Friday, hitting $31.90. The company’s stock had a trading volume of 330,602 shares, compared to its average volume of 124,369. The stock has a market cap of $20.74 million, a price-to-earnings ratio of 30.82 and a beta of 6.17. Defiance Daily Target 2X Long HOOD ETF has a 12 month low of $16.44 and a 12 month high of $154.38. The business has a 50-day simple moving average of $22.89 and a 200-day simple moving average of $46.01.

About Defiance Daily Target 2X Long HOOD ETF

The Defiance Daily Target 2X Long HOOD ETF (HOOX) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of Robinhood Markets, Inc (Nasdaq: HOOD), less fees and expenses. HOOX was launched on Mar 18, 2025 and is issued by Defiance.