Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Short Interest Down 45.3% in May

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 163,641 shares, a decline of 45.3% from the May 14th total of 299,408 shares. Currently, 16.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 528,841 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Defiance Daily Target 2X Short PLTR ETF

Institutional investors have recently added to or reduced their stakes in the stock. Optiver Holding B.V. purchased a new stake in Defiance Daily Target 2X Short PLTR ETF during the third quarter worth about $49,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Defiance Daily Target 2X Short PLTR ETF during the third quarter worth about $70,000. XTX Topco Ltd purchased a new stake in Defiance Daily Target 2X Short PLTR ETF during the fourth quarter worth about $412,000. Finally, Susquehanna International Group LLP boosted its holdings in Defiance Daily Target 2X Short PLTR ETF by 1,723.8% during the third quarter. Susquehanna International Group LLP now owns 195,477 shares of the company’s stock worth $1,400,000 after buying an additional 184,759 shares in the last quarter.

Defiance Daily Target 2X Short PLTR ETF Stock Up 4.5%

PLTZ stock traded up $1.37 during trading on Friday, reaching $31.55. 225,439 shares of the company were exchanged, compared to its average volume of 1,416,193. Defiance Daily Target 2X Short PLTR ETF has a 52-week low of $19.91 and a 52-week high of $64.96. The stock’s 50 day moving average price is $29.46 and its 200 day moving average price is $29.09.

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.