Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Shares Shorted: Short Interest Up 64.7% in October

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 408,267 shares, an increase of 64.7% from the September 30th total of 247,933 shares. Currently, 7.3% of the company’s stock are short sold. Based on an average daily volume of 5,168,640 shares, the days-to-cover ratio is presently 0.1 days.

Defiance Daily Target 2X Short PLTR ETF Trading Up 3.4%

NASDAQ:PLTZ opened at $8.48 on Wednesday. The business’s 50-day simple moving average is $8.04 and its 200-day simple moving average is $23.45. Defiance Daily Target 2X Short PLTR ETF has a fifty-two week low of $6.07 and a fifty-two week high of $43.79.

Institutional Trading of Defiance Daily Target 2X Short PLTR ETF

An institutional investor recently bought a new stake in Defiance Daily Target 2X Short PLTR ETF stock. StoneX Group Inc. purchased a new stake in Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 51,761 shares of the company’s stock, valued at approximately $411,000. StoneX Group Inc. owned 1.28% of Defiance Daily Target 2X Short PLTR ETF as of its most recent SEC filing.

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.