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 in 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 volume of 3,694,448 shares, the days-to-cover ratio is presently 0.3 days. Currently, 16.7% of the company’s stock are short sold.

Institutional Inflows and Outflows

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

Defiance Daily Target 2X Long RKLB ETF Price Performance

Shares of RKLX traded down $3.41 on Tuesday, hitting $51.29. 2,067,162 shares of the stock traded hands, compared to its average volume of 2,822,380. The business has a 50 day simple moving average of $58.47 and a 200 day simple moving average of $46.51. Defiance Daily Target 2X Long RKLB ETF has a one year low of $10.28 and a one year high of $114.83.

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.