Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) Sees Significant Growth in Short Interest

Defiance Daily Target 2X Long HOOD ETF (NASDAQ:HOOX) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 74,958 shares, a growth of 55.4% from the July 15th total of 48,241 shares. Approximately 17.4% of the shares of the company are short sold. Based on an average trading volume of 55,110 shares, the days-to-cover ratio is presently 1.4 days.

Defiance Daily Target 2X Long HOOD ETF Trading Up 1.2%

HOOX stock opened at $29.17 on Tuesday. The stock’s fifty day simple moving average is $33.63 and its two-hundred day simple moving average is $28.17. The stock has a market cap of $12.54 million, a P/E ratio of 30.82 and a beta of 6.70. Defiance Daily Target 2X Long HOOD ETF has a 1-year low of $16.44 and a 1-year high of $154.38.

Defiance Daily Target 2X Long HOOD ETF Company Profile

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.