Short Interest in Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) Increases By 80.8%

Defiance Daily Target 2X Long ORCL ETF (NASDAQ:ORCX) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 911,544 shares, a growth of 80.8% from the June 15th total of 504,195 shares. Based on an average daily trading volume, of 1,835,084 shares, the days-to-cover ratio is presently 0.5 days. Approximately 8.7% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position 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 third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,453 shares of the company’s stock, valued at approximately $615,000. Flow Traders U.S. LLC owned 0.23% of Defiance Daily Target 2X Long ORCL ETF at the end of the most recent quarter.

Defiance Daily Target 2X Long ORCL ETF Trading Up 3.1%

ORCX stock opened at $16.94 on Friday. The firm has a 50-day moving average of $36.53 and a two-hundred day moving average of $35.83. The company has a market cap of $189.73 million, a price-to-earnings ratio of 35.86 and a beta of 5.94. Defiance Daily Target 2X Long ORCL ETF has a 12 month low of $15.65 and a 12 month high of $181.59.

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.