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

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

Defiance Daily Target 2X Short SMCI ETF Trading Down 21.4%

NASDAQ:SMCZ traded down $2.08 on Thursday, hitting $7.65. The stock had a trading volume of 2,370,240 shares, compared to its average volume of 399,941. The business’s 50-day simple moving average is $29.94 and its two-hundred day simple moving average is $40.27. Defiance Daily Target 2X Short SMCI ETF has a 52-week low of $7.03 and a 52-week high of $71.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. StoneX Group Inc. purchased a new position in shares of Defiance Daily Target 2X Short SMCI ETF during the 4th quarter valued at about $246,000. Jump Financial LLC purchased a new position in shares of Defiance Daily Target 2X Short SMCI ETF during the 4th quarter valued at about $259,000. Finally, Susquehanna International Group LLP lifted its position in shares of Defiance Daily Target 2X Short SMCI ETF by 103.8% during the 3rd quarter. Susquehanna International Group LLP now owns 61,432 shares of the company’s stock valued at $245,000 after buying an additional 31,286 shares in the last quarter.

About Defiance Daily Target 2X Short SMCI ETF

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.