Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Short Interest Down 37.3% in June

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 433,578 shares, a drop of 37.3% from the June 15th total of 691,291 shares. Based on an average daily trading volume, of 1,524,105 shares, the short-interest ratio is currently 0.3 days. Approximately 86.7% of the shares of the company are sold short.

Defiance Daily Target 2X Short SMCI ETF Stock Performance

SMCZ stock traded up $0.47 during mid-day trading on Friday, reaching $12.44. The company had a trading volume of 353,711 shares, compared to its average volume of 701,767. Defiance Daily Target 2X Short SMCI ETF has a one year low of $4.88 and a one year high of $66.70. The stock’s 50-day simple moving average is $10.13 and its two-hundred day simple moving average is $29.95.

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

Large investors have recently made changes to their positions in the company. Optiver Holding B.V. raised its holdings in shares of Defiance Daily Target 2X Short SMCI ETF by 315.8% during the first quarter. Optiver Holding B.V. now owns 28,095 shares of the company’s stock valued at $1,289,000 after buying an additional 21,338 shares during the last quarter. Jump Financial LLC bought a new position in Defiance Daily Target 2X Short SMCI ETF in the 4th quarter worth approximately $259,000. StoneX Group Inc. acquired a new stake in Defiance Daily Target 2X Short SMCI ETF in the 4th quarter valued at approximately $246,000. Finally, Susquehanna International Group LLP increased its position in Defiance Daily Target 2X Short SMCI ETF by 103.8% in the 3rd quarter. Susquehanna International Group LLP now owns 61,432 shares of the company’s stock valued at $245,000 after acquiring an additional 31,286 shares during the period.

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.