Short Interest in Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Rises By 675.4%

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 846,245 shares, an increase of 675.4% from the April 30th total of 109,137 shares. Currently, 367.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,130,549 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Susquehanna International Group LLP increased its holdings in Defiance Daily Target 2X Short SMCI ETF by 103.8% in the third quarter. Susquehanna International Group LLP now owns 61,432 shares of the company’s stock valued at $245,000 after purchasing an additional 31,286 shares during the period. StoneX Group Inc. bought a new position in shares of Defiance Daily Target 2X Short SMCI ETF during the 4th quarter worth about $246,000. Finally, Jump Financial LLC bought a new position in shares of Defiance Daily Target 2X Short SMCI ETF during the 4th quarter worth about $259,000.

Defiance Daily Target 2X Short SMCI ETF Trading Down 23.5%

Shares of SMCZ stock traded down $1.91 during trading on Friday, hitting $6.23. The company had a trading volume of 5,621,626 shares, compared to its average volume of 465,484. The stock’s 50-day moving average price is $29.40 and its 200 day moving average price is $40.06. Defiance Daily Target 2X Short SMCI ETF has a one year low of $5.38 and a one year high of $71.50.

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.