Ondas (ONDS) stock holds gains premarket after Defiance debuts 2X ONDL single-stock ETF
Ondas Holdings shares rose 0.2% to $9.01 premarket Wednesday after a 6.3% gain Tuesday, with trading volume above normal. Defiance ETFs launched ONDL, a 2X leveraged fund tied to Ondas’ daily moves, on Cboe’s BZX exchange Dec. 30. Traders are watching ONDL’s impact on liquidity and volatility into year-end. Ondas closed Tuesday between $8.33 and $9.30, levels eyed by short-term traders.