Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) Shares Up 0.2% – What’s Next?

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX)’s share price rose 0.2% during mid-day trading on Friday . The stock traded as high as $11.74 and last traded at $11.24. Approximately 1,521,585 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 3,728,614 shares. The stock had previously closed at $11.22.

Defiance Daily Target 2X Long SMCI ETF Price Performance

The stock’s 50-day moving average is $12.90 and its two-hundred day moving average is $27.38.

Institutional Investors Weigh In On Defiance Daily Target 2X Long SMCI ETF

Large investors have recently bought and sold shares of the company. Simplex Trading LLC purchased a new position in Defiance Daily Target 2X Long SMCI ETF during the 4th quarter worth approximately $95,000. HRT Financial LP purchased a new position in shares of Defiance Daily Target 2X Long SMCI ETF during the fourth quarter worth $228,000. Finally, Optiver Holding B.V. raised its holdings in shares of Defiance Daily Target 2X Long SMCI ETF by 306.7% during the third quarter. Optiver Holding B.V. now owns 27,354 shares of the company’s stock worth $1,063,000 after purchasing an additional 20,628 shares during the last quarter.

About Defiance Daily Target 2X Long SMCI ETF

The Defiance Daily Target 2X Long SMCI ETF (SMCX) 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 Super Micro Computer, Inc (SMCI), less fees and expenses, through derivatives like swap agreements SMCX was launched on Aug 21, 2024 and is issued by Defiance.