Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Trading Up 0.6% – Here’s Why

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) shares were up 0.6% during trading on Thursday . The stock traded as high as $39.61 and last traded at $37.46. Approximately 1,469,387 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 2,273,488 shares. The stock had previously closed at $37.24.

Defiance Daily Target 2X Short PLTR ETF Stock Performance

The stock has a fifty day simple moving average of $28.47 and a 200-day simple moving average of $29.88.

Institutional Investors Weigh In On Defiance Daily Target 2X Short PLTR ETF

Several institutional investors have recently bought and sold shares of PLTZ. Optiver Holding B.V. bought a new stake in Defiance Daily Target 2X Short PLTR ETF during the third quarter worth $49,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Defiance Daily Target 2X Short PLTR ETF in the 3rd quarter valued at about $70,000. XTX Topco Ltd acquired a new position in shares of Defiance Daily Target 2X Short PLTR ETF during the 4th quarter worth about $412,000. GEM Asset Management LLC bought a new stake in shares of Defiance Daily Target 2X Short PLTR ETF in the 3rd quarter valued at about $526,000. Finally, Susquehanna International Group LLP raised its holdings in shares of Defiance Daily Target 2X Short PLTR ETF by 1,723.8% in the 3rd quarter. Susquehanna International Group LLP now owns 195,477 shares of the company’s stock valued at $1,400,000 after purchasing an additional 184,759 shares during the period.

About Defiance Daily Target 2X Short PLTR ETF

Tidal Trust II – Defiance Daily Target 2X Short PLTR ETF is an exchange traded fund launched and managed by Tidal Investments LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. The fund employs short strategy and uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.