Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Short Interest Update

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,297,006 shares, a growth of 136.3% from the August 15th total of 548,781 shares. Approximately 244.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,552,715 shares, the days-to-cover ratio is presently 0.3 days.

Defiance Daily Target 2X Short PLTR ETF Price Performance

Defiance Daily Target 2X Short PLTR ETF stock traded down $0.33 during mid-day trading on Tuesday, reaching $9.03. 1,520,671 shares of the company were exchanged, compared to its average volume of 1,893,053. The company has a fifty day simple moving average of $17.28 and a 200-day simple moving average of $25.60. Defiance Daily Target 2X Short PLTR ETF has a 12 month low of $8.14 and a 12 month high of $43.79.

About Defiance Daily Target 2X Short PLTR ETF

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.