Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT) Stock Short Interest Report for October

Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 229,893 shares, a growth of 254.3% from the October 15th total of 64,880 shares. Currently, 2.2% of the company’s stock are short sold. Based on an average daily trading volume, of 130,619 shares, the short-interest ratio is currently 1.8 days.

Tidal Trust II Defiance S&P 500 Price Performance

Shares of SPYT stock traded down $0.06 during trading hours on Thursday, hitting $16.40. The stock had a trading volume of 45,458 shares, compared to its average volume of 141,875. The firm has a market capitalization of $169.74 million, a PE ratio of 23.94 and a beta of 0.88. The stock’s 50 day moving average is $16.95 and its 200 day moving average is $17.17. Tidal Trust II Defiance S&P 500 has a twelve month low of $15.77 and a twelve month high of $18.15.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SPYT. Virtue Capital Management LLC bought a new stake in Tidal Trust II Defiance S&P 500 in the third quarter worth $1,959,000. Herbst Group LLC purchased a new stake in shares of Tidal Trust II Defiance S&P 500 in the second quarter valued at $1,824,000. ZEGA Investments LLC purchased a new stake in shares of Tidal Trust II Defiance S&P 500 during the second quarter worth about $261,000. Corient Private Wealth LP lifted its stake in shares of Tidal Trust II Defiance S&P 500 by 57.0% during the 2nd quarter. Corient Private Wealth LP now owns 27,408 shares of the company’s stock worth $578,000 after purchasing an additional 9,946 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its stake in Tidal Trust II Defiance S&P 500 by 9.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 22,354 shares of the company’s stock worth $392,000 after buying an additional 1,915 shares during the last quarter.

Tidal Trust II Defiance S&P 500 Company Profile

The Defiance S&P 500 Target Income ETF (SPYT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance. SPYT was launched on Mar 7, 2024 and is issued by Defiance.