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

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 985,020 shares, an increase of 79.0% from the May 14th total of 550,138 shares. Approximately 16.7% of the shares of the stock are short sold. Based on an average trading volume of 3,694,448 shares, the short-interest ratio is presently 0.3 days.

Defiance Daily Target 2X Long RKLB ETF Stock Performance

Shares of NASDAQ:RKLX traded up $6.54 during trading on Monday, reaching $54.84. The stock had a trading volume of 3,129,090 shares, compared to its average volume of 2,825,176. The business has a fifty day moving average price of $57.95 and a 200-day moving average price of $46.26. Defiance Daily Target 2X Long RKLB ETF has a fifty-two week low of $10.26 and a fifty-two week high of $114.83.

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 acquired a new position in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 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.

Further Reading

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