Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ) Trading Down 13% – Here’s What Happened

Defiance Daily Target 2X Long HIMS ETF (NASDAQ:HIMZ)’s share price traded down 13% on Friday . The company traded as low as $5.44 and last traded at $5.44. 7,464,089 shares changed hands during trading, an increase of 78% from the average session volume of 4,199,784 shares. The stock had previously closed at $6.25.

Defiance Daily Target 2X Long HIMS ETF Stock Performance

The company has a market capitalization of $113.32 million, a P/E ratio of 137.04 and a beta of -17.32. The firm’s fifty day moving average is $8.00 and its 200-day moving average is $15.78.

Institutional Investors Weigh In On Defiance Daily Target 2X Long HIMS ETF

Several institutional investors and hedge funds have recently made changes to their positions in HIMZ. Jump Financial LLC bought a new position in shares of Defiance Daily Target 2X Long HIMS ETF during the 2nd quarter worth about $522,000. SteelPeak Wealth LLC bought a new position in Defiance Daily Target 2X Long HIMS ETF in the third quarter worth approximately $631,000. Finally, Optiver Holding B.V. boosted its holdings in Defiance Daily Target 2X Long HIMS ETF by 1,142.8% in the third quarter. Optiver Holding B.V. now owns 57,603 shares of the company’s stock worth $1,299,000 after acquiring an additional 52,968 shares in the last quarter.

About Defiance Daily Target 2X Long HIMS ETF

The Defiance Daily Target 2X Long HIMS ETF (HIMZ) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of Hims & Hers Health Inc (HIMS), less fees and expenses, through derivatives like swap agreements HIMZ was launched on Mar 12, 2025 and is issued by Defiance.