NEW YORK, December 31, 2025, 05:45 ET — Premarket
- Ondas Holdings fell 0.6% in premarket trade after a 6.3% jump in the prior session
- Defiance ETFs launched a daily 2x long single-stock ETF tied to Ondas, aimed at short-term traders
- Investors are watching early flows into the new fund and a January share issuance flagged in a recent SEC filing
Ondas Holdings Inc shares eased 0.6% to $8.94 in premarket trading on Wednesday, after climbing 6.3% in the prior session. StockAnalysis
The stock’s latest swing comes as Defiance ETFs said it launched the Defiance Daily Target 2X Long ONDS ETF, which seeks to deliver 200% of Ondas’ daily move and is not designed to hit that target for longer than a single trading day. GlobeNewswire
Why it matters now: Ondas has been drawing outsized attention from short-term traders, and Tuesday’s jump came with about 56.95 million shares changing hands as the stock traded between $8.33 and $9.30. Ondas Holdings Inc.
Single-stock leveraged ETFs can add fuel to that kind of tape. Because they reset daily, their returns can diverge sharply from “twice the stock” over longer holding periods, and trading around rebalancing windows can amplify intraday moves.
Defiance’s product page lists ONDL as having a fund inception date of Dec. 29 and trading on Cboe, with net assets of about $1.12 million as of Dec. 30. GlobeNewswire
Ondas describes itself as a provider of private wireless data solutions through Ondas Networks and commercial drone solutions through its American Robotics and Airobotics units under Ondas Autonomous Systems. Ondas Holdings Inc.
Fundamentally, the company has leaned on defense and autonomy demand. “Ondas delivered a record quarter with $10.1 million in revenue,” Chairman and CEO Eric Brock said in its latest quarterly release, which also raised a 2025 revenue target and set a preliminary 2026 revenue target. Ondas Holdings Inc.
Investors are also watching the share count. A December 17 SEC filing said Ondas issued 5.3 million shares in a stock-for-securities exchange tied to its Ondas Autonomous Systems unit and expects to issue about 2.39 million more shares on Jan. 5, 2026, and it estimated a one-time non-cash fourth-quarter charge of about $56.6 million tied to the exchange. Ondas Holdings Inc.
On the Street, coverage has skewed positive, with MarketBeat showing a “Moderate Buy” consensus and an average price target of $11.50. MarketBeat
Beyond company-specific drivers, traders will weigh thin holiday liquidity and a short U.S. economic calendar, including weekly jobless claims due at 8:30 a.m. ET. MarketWatch
For ONDS, the near-term focus is whether the stock can hold recent support from the mid-$8 range and whether momentum traders push it back toward the prior session’s highs as ONDL trading gets underway.
