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

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTXGet Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 954,694 shares, a growth of 243.7% from the July 15th total of 277,758 shares. Based on an average trading volume of 894,307 shares, the short-interest ratio is presently 1.1 days. Approximately 18.5% of the shares of the stock are short sold.

Defiance Daily Target 2X Long RGTI ETF Stock Up 2.5%

RGTX traded up $0.36 during trading on Friday, reaching $15.02. The stock had a trading volume of 558,997 shares, compared to its average volume of 1,295,449. The business has a 50-day moving average of $15.35 and a 200-day moving average of $20.96. Defiance Daily Target 2X Long RGTI ETF has a one year low of $7.69 and a one year high of $501.80.

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

Several institutional investors have recently modified their holdings of RGTX. StoneX Group Inc. purchased a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the 4th quarter valued at about $260,000. Jump Financial LLC purchased a new stake in Defiance Daily Target 2X Long RGTI ETF in the second quarter worth approximately $584,000. Finally, Flow Traders U.S. LLC purchased a new stake in Defiance Daily Target 2X Long RGTI ETF in the third quarter worth approximately $623,000.

About Defiance Daily Target 2X Long RGTI ETF

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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.

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