Short Interest in Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Expands By 243.7%

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) was the target of a significant growth in short interest in 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 daily volume of 894,307 shares, the short-interest ratio is presently 1.1 days. Approximately 18.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in RGTX. StoneX Group Inc. acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF in the fourth quarter valued at approximately $260,000. Jump Financial LLC acquired a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the 2nd quarter valued at $584,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the 3rd quarter valued at $623,000.

Defiance Daily Target 2X Long RGTI ETF Price Performance

Defiance Daily Target 2X Long RGTI ETF stock opened at $15.02 on Friday. Defiance Daily Target 2X Long RGTI ETF has a fifty-two week low of $7.69 and a fifty-two week high of $501.80. The stock has a 50-day simple moving average of $15.35 and a 200-day simple moving average of $20.96.

Defiance Daily Target 2X Long RGTI ETF Company Profile

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.