Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Trading Up 0.6% – Here’s Why

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) shares were up 0.6% during trading on Thursday . The company traded as high as $39.61 and last traded at $37.46. Approximately 1,469,387 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 2,273,488 shares. The stock had previously closed at $37.24.

Defiance Daily Target 2X Short PLTR ETF Stock Up 0.6%

The company’s fifty day simple moving average is $28.47 and its two-hundred day simple moving average is $29.88.

Institutional Trading of Defiance Daily Target 2X Short PLTR ETF

Several hedge funds have recently added to or reduced their stakes in the company. XTX Topco Ltd acquired a new stake in shares of Defiance Daily Target 2X Short PLTR ETF in the fourth quarter valued at approximately $412,000. Susquehanna International Group LLP raised its holdings in Defiance Daily Target 2X Short PLTR ETF by 1,723.8% in the 3rd quarter. Susquehanna International Group LLP now owns 195,477 shares of the company’s stock valued at $1,400,000 after acquiring an additional 184,759 shares in the last quarter. Optiver Holding B.V. bought a new stake in shares of Defiance Daily Target 2X Short PLTR ETF during the 3rd quarter valued at $49,000. GEM Asset Management LLC acquired a new stake in shares of Defiance Daily Target 2X Short PLTR ETF during the 3rd quarter worth $526,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Defiance Daily Target 2X Short PLTR ETF in the third quarter worth $70,000.

Defiance Daily Target 2X Short PLTR ETF Company Profile

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.