Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Shares Down 5.2% – What’s Next?

Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ)’s stock price dropped 5.2% on Monday . The stock traded as low as $3.61 and last traded at $3.63. Approximately 3,191,553 shares changed hands during trading, a decline of 28% from the average daily volume of 4,433,221 shares. The stock had previously closed at $3.83.

Defiance Daily Target 2X Long HIMS ETF Stock Performance

The stock has a market capitalization of $96.23 million, a PE ratio of 137.04 and a beta of -17.32. The firm has a 50 day moving average of $6.59 and a 200-day moving average of $13.99.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HIMZ. Jump Financial LLC purchased a new stake in Defiance Daily Target 2X Long HIMS ETF in the 2nd quarter worth approximately $522,000. Optiver Holding B.V. grew its holdings in shares of 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 acquiring an additional 52,968 shares in the last quarter. Finally, SteelPeak Wealth LLC purchased a new position in shares of Defiance Daily Target 2X Long HIMS ETF during the 3rd quarter valued at $631,000.

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.