Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) Short Interest Update

Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 354,063 shares, a growth of 167.0% from the January 29th total of 132,604 shares. Approximately 15.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 713,536 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 713,536 shares, the days-to-cover ratio is presently 0.5 days. Approximately 15.3% of the shares of the stock are sold short.

Institutional Trading of Defiance Daily Target 2X Long RIOT ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RIOT ETF stock. SIH Partners LLLP acquired a new stake in Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 196,833 shares of the company’s stock, valued at approximately $1,388,000. SIH Partners LLLP owned about 8.48% of Defiance Daily Target 2X Long RIOT ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Defiance Daily Target 2X Long RIOT ETF Stock Down 9.2%

Shares of NYSEARCA:RIOX opened at $9.56 on Friday. The company has a 50-day moving average price of $10.41 and a 200 day moving average price of $19.74. Defiance Daily Target 2X Long RIOT ETF has a 12 month low of $5.15 and a 12 month high of $51.25.

About Defiance Daily Target 2X Long RIOT ETF

The Defiance Daily Target 2X Long RIOT ETF (RIOX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x long daily price performance of Riot Platforms, Inc shares, less fees and expenses, through the use of swap contracts RIOX was launched on Jan 2, 2025 and is issued by Defiance.