Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) Stock Price Down 5.2% – What’s Next?

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX)’s stock price fell 5.2% on Friday . The company traded as low as $11.82 and last traded at $12.01. 3,651,760 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 4,445,560 shares. The stock had previously closed at $12.67.

Defiance Daily Target 2X Long ORCL ETF Stock Performance

The business’s 50-day moving average is $17.36 and its 200-day moving average is $29.58. The company has a market capitalization of $211.62 million, a PE ratio of 35.86 and a beta of 16.41.

Institutional Trading of Defiance Daily Target 2X Long ORCL ETF

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long ORCL ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 15,453 shares of the company’s stock, valued at approximately $615,000. Flow Traders U.S. LLC owned approximately 0.23% of Defiance Daily Target 2X Long ORCL ETF as of its most recent SEC filing.

About Defiance Daily Target 2X Long ORCL ETF

The Defiance Daily Target 2X Long ORCL ETF (ORCX) 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 Oracle Corporation (ORCL), less fees and expenses, through derivatives like swap agreements. ORCX was launched on Feb 6, 2025 and is issued by Defiance.