Is Daily Target 2X Long RCAT ETF (RCAX) a Buy, Sell, or Hold?
NASDAQ : RCAX
Daily Target 2X Long RCAT ETF
$4.8199 USD
-$0.35 (-6.7%)
- Volume
- 260.86K
- Average Volume
- 524.92K
- Market Capitalization
- $221.2K
- P/E Ratio
- Dividend Yield
- %
- Price Target
- Year High
- $31.62
- Year Low
- $2.15
- Day High
- —
- Day Low
- —
- Payout Ratio
- Current Ratio
Company Overview
NASDAQ
Qiao Duan
Asset Management - Leveraged
Financial Services
RCAX
N/A
US
USD
Liquidity Metrics
Sales & Valuation
-$
Profitability
-$
%
%
%
%
P/E Metrics
Analyst Price Target & Rating
0/5
0 Analysts
%
Financial Health Scores
No financial score data available.
Key Metrics (TTM)
No key metrics data available.
Company Executives
| Name | Title |
|---|---|
| Christopher Mullen | Portfolio Manager |
| Qiao Duan | Portfolio Manager |
Poll Results
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About Daily Target 2X Long RCAT ETF (NASDAQ:RCAX) Stock
RCAX is an investment vehicle that utilizes financial derivatives, specifically swap agreements and short-duration call options, to capitalize on anticipated increases in the stock price of Red Cat Holdings, Inc. (RCAT). Red Cat Holdings is an American technology firm specializing in drones, providing unmanned aerial systems and associated software solutions for military, governmental, and commercial clients. The fund's primary objective is to achieve daily leveraged exposure equivalent to double the daily percentage change in RCAT's share value, which is accomplished through a strategy of daily rebalancing. However, investors holding the fund for longer than a single day should be aware that returns may diverge from the expected 2x multiplier, influenced by factors like market volatility, ... the effects of compounding, or the rebalancing process itself. To back its derivative contracts, RCAX has the option to hold various assets, including U.S. government securities, money market instruments, exchange-traded funds (ETFs) focused on short-term bonds, and investment-grade corporate debt.
2026-08-06 14:22:00
NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- In a release issued under the same headline on July 17, 2026, by Tidal Financial Group, please note that the effective dates for all reported funds have been corrected. The corrected release follows: Tidal Financial Group and Defiance ETFs announce reverse stock splits for eleven of Defiance's leveraged exchange-traded funds (“ETFs”).
Tidal Financial Group and Defiance ETFs Announce Reverse Stock Splits for Select Leveraged ETFs
2026-07-17 09:15:00
NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for eleven of Defiance's leveraged exchange-traded funds (“ETFs”). These reverse splits are intended to reduce the number of outstanding shares and proportionally increase each fund's share price, with no impact on the total value of shareholders' investments.
Frequently Asked Questions
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What is the current Daily Target 2X Long RCAT ETF (RCAX) stock price?
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Daily Target 2X Long RCAT ETF(NASDAQ:RCAX) stock price is $4.8199 in the last trading session. During the trading session, RCAX stock reached the peak price of $31.62 while $2.15 was the lowest point it dropped to. The percentage change in RCAX stock occurred in the recent session was --6.7% while the dollar amount for the price change in RCAX stock was -$0.35.
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RCAX's industry and sector of operation?
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The NASDAQ listed RCAX is part of Asset Management - Leveraged industry that operates in the broader Financial Services sector.
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Who are the executives of RCAX?
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Christopher Mullen | Portfolio Manager
Qiao Duan | Portfolio Manager
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How many employees does RCAX have?
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Number of RCAX employees currently stands at None. RCAX operates from 78 SW 7th St. 5th Floor, Miami, FL 33130, US.
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Link for RCAX official website?
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Official Website of RCAX is: https://www.defianceetfs.com/rcax/
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How do I contact RCAX?
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RCAX could be contacted at phone #855-843-2534 and can also be accessed through its website. RCAX operates from 78 SW 7th St. 5th Floor, Miami, FL 33130, US.
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How many shares of RCAX are traded daily?
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The average number of RCAX shares traded daily for last 3 months was 524.92K.
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What is the market cap of RCAX currently?
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The market value of RCAX currently stands at $221.2K with its latest stock price at $4.8199