Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Short Interest Down 70.5% in July

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 38,943 shares, a decrease of 70.5% from the July 15th total of 132,027 shares. Based on an average daily trading volume, of 411,860 shares, the days-to-cover ratio is presently 0.1 days. Currently, 7.3% of the shares of the stock are short sold.

Defiance Daily Target 2X Short PLTR ETF Price Performance

Shares of NASDAQ:PLTZ opened at $10.17 on Thursday. The business’s 50 day simple moving average is $27.62 and its 200-day simple moving average is $29.83. Defiance Daily Target 2X Short PLTR ETF has a 12 month low of $9.34 and a 12 month high of $47.40.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Defiance Daily Target 2X Short PLTR ETF stock. XTX Topco Ltd bought a new stake in shares of Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 16,609 shares of the company’s stock, valued at approximately $412,000. XTX Topco Ltd owned approximately 1.07% of Defiance Daily Target 2X Short PLTR ETF at the end of the most recent quarter.

Defiance Daily Target 2X Short PLTR ETF Company Profile

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.