Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Shares Down 4.6% – Here’s Why

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ)’s stock price was down 4.6% during mid-day trading on Monday . The stock traded as low as $28.30 and last traded at $28.75. 1,214,232 shares traded hands during trading, an increase of 0% from the average session volume of 1,210,424 shares. The stock had previously closed at $30.13.

Defiance Daily Target 2X Short PLTR ETF Stock Up 5.1%

The company has a 50-day moving average price of $29.26 and a 200 day moving average price of $30.49.

Institutional Investors Weigh In On Defiance Daily Target 2X Short PLTR ETF

A hedge fund recently bought a new stake in Defiance Daily Target 2X Short PLTR ETF stock. XTX Topco Ltd bought a new stake in Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 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 reporting period.

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.