Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Trading Up 9% – Still a Buy?

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report)’s share price was up 9% on Thursday . The company traded as high as $16.43 and last traded at $16.0220. 1,093,690 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 2,783,160 shares. The stock had previously closed at $14.70.

Defiance Daily Target 2X Long RKLB ETF Trading Down 9.7%

The firm’s fifty day moving average price is $18.63 and its 200-day moving average price is $37.53.

Defiance Daily Target 2X Long RKLB ETF Company Profile

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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.

Further Reading

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