Defiance Daily Target 2X Long SMCI ETF Sees Unusually Large Options Volume (NASDAQ:SMCX)

Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) was the recipient of unusually large options trading on Monday. Stock investors acquired 2,830 call options on the stock. This is an increase of 46% compared to the average volume of 1,945 call options.

Defiance Daily Target 2X Long SMCI ETF Stock Performance

Shares of SMCX traded up $0.83 during midday trading on Monday, hitting $9.72. 4,722,214 shares of the stock traded hands, compared to its average volume of 4,103,940. Defiance Daily Target 2X Long SMCI ETF has a 1-year low of $5.46 and a 1-year high of $114.44. The business’s 50 day moving average price is $11.23 and its two-hundred day moving average price is $15.68.

Institutional Trading of Defiance Daily Target 2X Long SMCI ETF

An institutional investor recently bought a new stake in Defiance Daily Target 2X Long SMCI ETF stock. Simplex Trading LLC purchased a new stake in shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,373 shares of the company’s stock, valued at approximately $95,000. Simplex Trading LLC owned about 0.05% of Defiance Daily Target 2X Long SMCI ETF at the end of the most recent quarter.

About Defiance Daily Target 2X Long SMCI ETF

The Defiance Daily Target 2X Long SMCI ETF (SMCX) 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 Super Micro Computer, Inc (SMCI), less fees and expenses, through derivatives like swap agreements SMCX was launched on Aug 21, 2024 and is issued by Defiance.