Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) Shares Climb 4.4% – Time to Buy?

Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX – Get Free Report)’s share price was up 4.4% on Monday. The company traded as high as $40.33 and last traded at $40.19. Approximately 635,800 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 865,190 shares. The stock had previously closed at $38.48.

Defiance Daily Target 2X Long AVGO ETF Trading Up 0.1%

The stock has a fifty day simple moving average of $43.33 and a two-hundred day simple moving average of $48.90.

About Defiance Daily Target 2X Long AVGO ETF

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The Defiance Daily Target 2X Long AVGO ETF (AVGX) 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 Broadcom Inc (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.

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