Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) Sees Large Growth in Short Interest

Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 354,063 shares, an increase of 167.0% from the January 29th total of 132,604 shares. Based on an average trading volume of 713,536 shares, the short-interest ratio is currently 0.5 days. Currently, 15.3% of the shares of the stock are short sold. Currently, 15.3% of the shares of the stock are short sold. Based on an average trading volume of 713,536 shares, the short-interest ratio is currently 0.5 days.

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

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RIOT ETF stock. SIH Partners LLLP acquired a new position in shares of Defiance Daily Target 2X Long RIOT ETF (NYSEARCA:RIOX) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 196,833 shares of the company’s stock, valued at approximately $1,388,000. SIH Partners LLLP owned about 8.48% of Defiance Daily Target 2X Long RIOT ETF as of its most recent SEC filing.

Defiance Daily Target 2X Long RIOT ETF Price Performance

Shares of NYSEARCA:RIOX opened at $10.53 on Friday. The company’s 50 day simple moving average is $10.52 and its 200 day simple moving average is $19.72. Defiance Daily Target 2X Long RIOT ETF has a 1 year low of $5.15 and a 1 year high of $51.25.

Defiance Daily Target 2X Long RIOT ETF Company Profile

The Defiance Daily Target 2X Long RIOT ETF (RIOX) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x long daily price performance of Riot Platforms, Inc shares, less fees and expenses, through the use of swap contracts RIOX was launched on Jan 2, 2025 and is issued by Defiance.