Short Interest in Defiance Daily Target 2X Long LMND ETF (NASDAQ:LMNX) Drops By 75.1%

Defiance Daily Target 2X Long LMND ETF (NASDAQ:LMNX) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 13,175 shares, a drop of 75.1% from the April 30th total of 52,840 shares. Based on an average trading volume of 28,873 shares, the days-to-cover ratio is currently 0.5 days. Approximately 4.0% of the company’s stock are short sold.

Defiance Daily Target 2X Long LMND ETF Stock Down 1.1%

Shares of NASDAQ:LMNX traded down $0.15 on Friday, hitting $13.74. 55,596 shares of the company traded hands, compared to its average volume of 45,458. Defiance Daily Target 2X Long LMND ETF has a 52 week low of $10.81 and a 52 week high of $55.00. The company has a quick ratio of 6.08, a current ratio of 8.37 and a debt-to-equity ratio of 0.52. The stock has a 50 day simple moving average of $16.21 and a 200-day simple moving average of $25.72. The company has a market cap of $4.53 million, a PE ratio of 26.94 and a beta of -12.97.

Defiance Daily Target 2X Long LMND ETF Company Profile

Luminex Corporation develops, manufactures, and sells proprietary biological testing technologies and products for the diagnostics, pharmaceutical, and research industries worldwide. Its products include Luminex 100/200 that integrates fluidics, optics, and digital signal processing; FLEXMAP 3D system for use as a general laboratory instrument; MAGPIX system, a multiplexing analyzer for qualitative and quantitative analysis of proteins and nucleic acids; MicroPlex, MagPlex, xTAG, SeroMAP, and calibration and control microspheres; xPONENT, a software suite to simplify laboratory workflow and enhance productivity; and TDAS, an analysis program designed for development and optimization of nucleic acid assays.