Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Sees Significant Decline in Short Interest

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,576,887 shares, a decline of 52.2% from the August 15th total of 3,299,420 shares. Approximately 142.1% of the company’s stock are short sold. Based on an average daily volume of 3,867,198 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Defiance Daily Target 2X Short SMCI ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Concurrent Investment Advisors LLC bought a new position in Defiance Daily Target 2X Short SMCI ETF during the 2nd quarter worth approximately $137,000. Susquehanna International Group LLP increased its holdings in shares of 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 valued at $245,000 after acquiring an additional 31,286 shares during the last quarter. StoneX Group Inc. bought a new stake in shares of Defiance Daily Target 2X Short SMCI ETF in the 4th quarter valued at approximately $246,000. Jump Financial LLC acquired a new stake in shares of Defiance Daily Target 2X Short SMCI ETF during the 4th quarter valued at approximately $259,000. Finally, Optiver Holding B.V. raised its position in shares of Defiance Daily Target 2X Short SMCI ETF by 315.8% during the 1st quarter. Optiver Holding B.V. now owns 28,095 shares of the company’s stock valued at $1,289,000 after acquiring an additional 21,338 shares in the last quarter.

Defiance Daily Target 2X Short SMCI ETF Stock Performance

Shares of Defiance Daily Target 2X Short SMCI ETF stock opened at $5.27 on Monday. Defiance Daily Target 2X Short SMCI ETF has a 1 year low of $5.02 and a 1 year high of $133.40. The firm’s 50-day simple moving average is $11.97 and its 200-day simple moving average is $35.97.

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.