Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT) Short Interest Update

Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 264,469 shares, a growth of 239.5% from the June 15th total of 77,905 shares. Currently, 2.9% of the shares of the company are sold short. Based on an average daily volume of 144,175 shares, the short-interest ratio is currently 1.8 days.

Tidal Trust II Defiance S&P 500 Stock Performance

Shares of Tidal Trust II Defiance S&P 500 stock opened at $17.45 on Monday. Tidal Trust II Defiance S&P 500 has a 12-month low of $15.77 and a 12-month high of $18.68. The firm has a market capitalization of $156.70 million, a price-to-earnings ratio of 24.43 and a beta of 0.88. The firm’s 50 day simple moving average is $17.53 and its two-hundred day simple moving average is $17.29.

Hedge Funds Weigh In On Tidal Trust II Defiance S&P 500

A hedge fund recently raised its stake in Tidal Trust II Defiance S&P 500 stock. Wealthcare Advisory Partners LLC boosted its position in shares of Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT) by 9.4% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 22,354 shares of the company’s stock after acquiring an additional 1,915 shares during the quarter. Wealthcare Advisory Partners LLC owned about 0.25% of Tidal Trust II Defiance S&P 500 worth $392,000 at the end of the most recent reporting period.

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.