Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Trading Down 3.4% – Time to Sell?

Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ)’s stock price was down 3.4% during trading on Friday . The stock traded as low as $7.79 and last traded at $7.93. Approximately 3,350,286 shares were traded during trading, a decline of 17% from the average daily volume of 4,026,846 shares. The stock had previously closed at $8.21.

Defiance Daily Target 2X Long HIMS ETF Stock Down 3.4%

The company has a market capitalization of $107.93 million, a PE ratio of 137.04 and a beta of -17.32. The stock’s fifty day moving average price is $12.52 and its two-hundred day moving average price is $20.30.

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

Several hedge funds have recently made changes to their positions in the business. Jump Financial LLC bought a new position in shares of Defiance Daily Target 2X Long HIMS ETF during the second quarter valued at approximately $522,000. SteelPeak Wealth LLC bought a new stake in Defiance Daily Target 2X Long HIMS ETF in the third quarter valued at $631,000. Finally, Optiver Holding B.V. increased its position in Defiance Daily Target 2X Long HIMS ETF by 1,142.8% during the 3rd quarter. Optiver Holding B.V. now owns 57,603 shares of the company’s stock valued at $1,299,000 after purchasing an additional 52,968 shares during the period.

About Defiance Daily Target 2X Long HIMS ETF

The Defiance Daily Target 2X Long HIMS ETF (HIMZ) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Hims & Hers Health Inc (HIMS), less fees and expenses, through derivatives like swap agreements HIMZ was launched on Mar 12, 2025 and is issued by Defiance.