Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) Sees Large Decrease in Short Interest

Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 49,200 shares, a decline of 34.7% from the August 31st total of 75,400 shares. Based on an average daily trading volume, of 794,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 794,700 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Defiance Daily Target 2X Long IONQ ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long IONQ ETF stock. Jump Financial LLC bought a new position in shares of Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 8,635 shares of the company’s stock, valued at approximately $604,000. Jump Financial LLC owned 0.58% of Defiance Daily Target 2X Long IONQ ETF at the end of the most recent quarter.

Defiance Daily Target 2X Long IONQ ETF Stock Performance

Defiance Daily Target 2X Long IONQ ETF stock opened at $163.46 on Monday. Defiance Daily Target 2X Long IONQ ETF has a 1 year low of $17.41 and a 1 year high of $181.22. The business has a 50-day moving average of $84.61 and a 200-day moving average of $63.30.

Defiance Daily Target 2X Long IONQ ETF Company Profile

The Defiance Daily Target 2X Long IONQ ETF (IONX) 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 IonQ, Inc (IONQ), less fees and expenses, through derivatives like swap agreements IONX was launched on Mar 11, 2025 and is issued by Defiance.