Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Trading Down 8% – Time to Sell?

Shares of Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) fell 8% during trading on Friday . The company traded as low as $29.76 and last traded at $29.77. 249,334 shares changed hands during trading, a decline of 89% from the average session volume of 2,275,177 shares. The stock had previously closed at $32.35.

Defiance Daily Target 2X Long HIMS ETF Stock Down 17.6%

The company has a market capitalization of $49.84 million, a PE ratio of 137.04 and a beta of -17.32. The stock’s fifty day simple moving average is $38.30 and its 200-day simple moving average is $133.76.

Hedge Funds Weigh In On Defiance Daily Target 2X Long HIMS ETF

Several hedge funds have recently bought and sold shares of the company. XTX Topco Ltd acquired a new stake in Defiance Daily Target 2X Long HIMS ETF in the fourth quarter valued at $59,000. Jump Financial LLC acquired a new position in shares of Defiance Daily Target 2X Long HIMS ETF during the 4th quarter worth $75,000. Prosperitas Financial LLC purchased a new stake in shares of Defiance Daily Target 2X Long HIMS ETF in the 4th quarter worth about $116,000. HRT Financial LP acquired a new stake in Defiance Daily Target 2X Long HIMS ETF in the 4th quarter valued at about $176,000. Finally, SteelPeak Wealth LLC acquired a new stake in Defiance Daily Target 2X Long HIMS ETF in the 3rd quarter valued at about $631,000.

About Defiance Daily Target 2X Long HIMS ETF

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.