Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Shares Down 0.8% – Here’s What Happened

Shares of Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) traded down 0.8% on Friday . The company traded as low as $8.90 and last traded at $9.34. Approximately 382,780 shares changed hands during trading, a decline of 47% from the average session volume of 718,104 shares. The stock had previously closed at $9.42.

Defiance Daily Target 2X Short SMCI ETF Stock Performance

The firm’s 50 day simple moving average is $10.91 and its 200-day simple moving average is $31.47.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Optiver Holding B.V. lifted its stake 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 worth $1,289,000 after purchasing an additional 21,338 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of Defiance Daily Target 2X Short SMCI ETF in the fourth quarter valued at about $259,000. StoneX Group Inc. purchased a new stake in shares of Defiance Daily Target 2X Short SMCI ETF during the 4th quarter valued at about $246,000. Finally, Susquehanna International Group LLP raised its holdings 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 during the period.

Defiance Daily Target 2X Short SMCI ETF Company Profile

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.