Positive
Seeking Alpha
24 days ago
IRE: IREN's Growth Outlook May Provide For An Appealing Trade Strategy
The Defiance Daily Target 2X Long IREN ETF offers 2x daily exposure to IREN Limited and is best suited for short-term trading. IRE stands out for its exceptional liquidity, with $270mm in net assets and a $120.46mm average daily trading volume, supporting efficient execution. IREN is a high-growth, profitable data center operator with major expansion plans and trades at an attractive 23.15x GAAP P/E.
