Shares of Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX – Get Free Report) were down 11.9% on Wednesday. The stock traded as low as $6.42 and last traded at $6.52. Approximately 16,167,626 shares traded hands during mid-day trading, an increase of 250% from the average session volume of 4,621,998 shares. The stock had previously closed at $7.40.
Defiance Daily Target 2X Long SMCI ETF Stock Down 11.9%
The company has a 50 day moving average of $11.77 and a 200 day moving average of $14.59.
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.
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