Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Stock Price Down 5.4% – Here’s What Happened

Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ)’s share price dropped 5.4% during trading on Friday . The company traded as low as $39.77 and last traded at $42.31. 192,247 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 1,448,237 shares. The stock had previously closed at $44.71.

Defiance Daily Target 2X Long HIMS ETF Trading Down 5.4%

The stock has a market capitalization of $96.47 million, a PE ratio of 137.04 and a beta of 3.69. The firm’s 50-day simple moving average is $39.24 and its two-hundred day simple moving average is $40.12.

Institutional Trading of Defiance Daily Target 2X Long HIMS ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. XTX Topco Ltd purchased a new stake in Defiance Daily Target 2X Long HIMS ETF in the 4th quarter worth about $59,000. Jump Financial LLC acquired a new stake in Defiance Daily Target 2X Long HIMS ETF during the 4th quarter worth about $75,000. Prosperitas Financial LLC purchased a new position in Defiance Daily Target 2X Long HIMS ETF during the 4th quarter valued at about $116,000. Finally, HRT Financial LP purchased a new position in Defiance Daily Target 2X Long HIMS ETF during the 4th quarter valued at about $176,000.

Defiance Daily Target 2X Long HIMS ETF Company Profile

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.