Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Short Interest Update

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 985,020 shares, an increase of 79.0% from the May 14th total of 550,138 shares. Based on an average daily trading volume, of 3,694,448 shares, the short-interest ratio is presently 0.3 days. Approximately 16.7% of the company’s stock are short sold.

Defiance Daily Target 2X Long RKLB ETF Stock Down 8.5%

Shares of Defiance Daily Target 2X Long RKLB ETF stock opened at $50.05 on Wednesday. The firm’s 50 day moving average price is $58.91 and its 200-day moving average price is $46.73. Defiance Daily Target 2X Long RKLB ETF has a 52-week low of $10.28 and a 52-week high of $114.83.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management acquired a new position in Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 645 shares of the company’s stock, valued at approximately $26,000.

About Defiance Daily Target 2X Long RKLB ETF

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.