Defiance Daily Target 2X Long CVNA ETF (NASDAQ:CVNX) Short Interest Up 78.2% in April

Defiance Daily Target 2X Long CVNA ETF (NASDAQ:CVNX) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 33,407 shares, a growth of 78.2% from the April 15th total of 18,744 shares. Based on an average daily volume of 41,600 shares, the days-to-cover ratio is currently 0.8 days. Approximately 15.2% of the company’s stock are short sold.

Defiance Daily Target 2X Long CVNA ETF Price Performance

CVNX opened at $12.94 on Tuesday. The business’s 50-day moving average price is $14.80 and its two-hundred day moving average price is $19.79. Defiance Daily Target 2X Long CVNA ETF has a 1 year low of $9.27 and a 1 year high of $34.99.

About Defiance Daily Target 2X Long CVNA ETF

Tidal Trust II – Defiance Daily Target 2X Long CVNA ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund invests in public equity markets. It invests through derivatives in stocks of companies operating across consumer discretionary, consumer discretionary distribution and retail and specialty retail sectors. The fund uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.