Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Shares Gap Down – Should You Sell?

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $110.11, but opened at $97.90. Defiance Daily Target 2X Long RKLB ETF shares last traded at $98.67, with a volume of 1,105,734 shares trading hands.

Defiance Daily Target 2X Long RKLB ETF Trading Down 12.1%

The firm’s fifty day moving average is $49.84 and its 200-day moving average is $42.93.

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

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management bought a new position in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 645 shares of the company’s stock, valued at approximately $26,000.

Defiance Daily Target 2X Long RKLB ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.

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