Defiance Daily Target 2X Long ORCL ETF Sees Unusually High Options Volume (NASDAQ:ORCX)

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) saw some unusual options trading on Wednesday. Stock investors bought 6,154 call options on the company. This represents an increase of 325% compared to the typical daily volume of 1,449 call options.

Defiance Daily Target 2X Long ORCL ETF Price Performance

ORCX stock opened at $11.18 on Thursday. The stock has a market capitalization of $202.81 million, a P/E ratio of 35.86 and a beta of 16.41. Defiance Daily Target 2X Long ORCL ETF has a fifty-two week low of $8.00 and a fifty-two week high of $60.53. The business has a 50-day moving average of $12.48 and a 200-day moving average of $24.71.

Hedge Funds Weigh In On 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 Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) in the 3rd quarter, according to the company in its most recent 13F filing 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 at the end of the most recent reporting period.

Defiance Daily Target 2X Long ORCL ETF Company Profile

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.