Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Shares Up 3.5% – Here’s What Happened

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ)’s share price shot up 3.5% during trading on Friday . The stock traded as high as $30.17 and last traded at $29.76. 379,028 shares were traded during trading, a decline of 71% from the average daily volume of 1,295,132 shares. The stock had previously closed at $28.75.

Defiance Daily Target 2X Short PLTR ETF Stock Up 3.5%

The stock has a fifty day simple moving average of $30.35 and a two-hundred day simple moving average of $29.96.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Defiance Daily Target 2X Short PLTR ETF stock. XTX Topco Ltd purchased a new position in Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,609 shares of the company’s stock, valued at approximately $412,000. XTX Topco Ltd owned 1.07% of Defiance Daily Target 2X Short PLTR ETF at the end of the most recent quarter.

About Defiance Daily Target 2X Short PLTR ETF

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.