Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Sees Large Increase in Short Interest

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 456,308 shares, an increase of 96.6% from the April 15th total of 232,109 shares. Based on an average daily trading volume, of 853,028 shares, the days-to-cover ratio is currently 0.5 days. Approximately 16.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Defiance Daily Target 2X Long RGTI ETF

A number of large investors have recently added to or reduced their stakes in the company. Genesis Financial Group LLC acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF in the 4th quarter valued at about $304,000. StoneX Group Inc. acquired a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the fourth quarter worth about $260,000. Jump Financial LLC bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the second quarter worth about $584,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the third quarter worth about $623,000.

Defiance Daily Target 2X Long RGTI ETF Stock Down 14.9%

Shares of RGTX stock traded down $3.60 during trading hours on Friday, hitting $20.54. 731,395 shares of the company were exchanged, compared to its average volume of 1,027,526. The business has a 50 day moving average of $20.11 and a two-hundred day moving average of $52.15. Defiance Daily Target 2X Long RGTI ETF has a 52 week low of $11.80 and a 52 week high of $501.80.

Defiance Daily Target 2X Long RGTI ETF Company Profile

Tidal Trust II – Defiance Daily Target 2X Long RGTI 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 information technology, semiconductors and semiconductor equipment 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. Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is domiciled in the United States.