Short Interest in Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Grows By 675.4%

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 846,245 shares, a growth of 675.4% from the April 30th total of 109,137 shares. Based on an average trading volume of 1,130,549 shares, the days-to-cover ratio is currently 0.7 days. Approximately 367.9% of the company’s stock are short sold.

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

Large investors have recently bought and sold shares of the business. StoneX Group Inc. bought a new stake in Defiance Daily Target 2X Short SMCI ETF in the 4th quarter worth about $246,000. Jump Financial LLC bought a new stake in Defiance Daily Target 2X Short SMCI ETF in the 4th quarter worth about $259,000. Finally, Susquehanna International Group LLP increased its holdings in Defiance Daily Target 2X Short SMCI ETF by 103.8% in the 3rd quarter. Susquehanna International Group LLP now owns 61,432 shares of the company’s stock worth $245,000 after buying an additional 31,286 shares in the last quarter.

Defiance Daily Target 2X Short SMCI ETF Price Performance

Shares of NASDAQ:SMCZ traded down $2.08 on Thursday, hitting $7.65. 2,370,240 shares of the company traded hands, compared to its average volume of 399,941. Defiance Daily Target 2X Short SMCI ETF has a 52 week low of $7.03 and a 52 week high of $71.50. The stock has a 50 day simple moving average of $29.94 and a 200-day simple moving average of $40.27.

Defiance Daily Target 2X Short SMCI ETF Company Profile

The Tidal Trust Ii – Defiance Daily Target 2x Short Smci ETF (SMCZ) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.