Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) Short Interest Update

Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 37,752 shares, a drop of 74.7% from the May 14th total of 149,294 shares. Approximately 5.9% of the shares of the company are sold short. Based on an average daily trading volume, of 289,329 shares, the days-to-cover ratio is presently 0.1 days.

Defiance Daily Target 2X Long RIOT ETF Stock Performance

Shares of NYSEARCA RIOX traded up $1.87 during mid-day trading on Friday, reaching $57.02. 67,087 shares of the company were exchanged, compared to its average volume of 241,636. The company’s 50-day simple moving average is $42.15 and its 200-day simple moving average is $35.96. Defiance Daily Target 2X Long RIOT ETF has a twelve month low of $12.96 and a twelve month high of $153.75.

Institutional Trading of Defiance Daily Target 2X Long RIOT ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RIOT ETF stock. Group One Trading LLC bought a new position in shares of Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 18,191 shares of the company’s stock, valued at approximately $609,000. Group One Trading LLC owned about 1.38% of Defiance Daily Target 2X Long RIOT ETF as of its most recent filing with the Securities and Exchange Commission.

Defiance Daily Target 2X Long RIOT ETF Company Profile

The Defiance Daily Target 2X Long RIOT ETF (RIOX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x long daily price performance of Riot Platforms, Inc shares, less fees and expenses, through the use of swap contracts RIOX was launched on Jan 2, 2025 and is issued by Defiance.