Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Short Interest Up 1,080.7% in August

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 3,299,420 shares, an increase of 1,080.7% from the July 30th total of 279,445 shares. Currently, 297.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,885,982 shares, the short-interest ratio is currently 0.7 days.

Defiance Daily Target 2X Short SMCI ETF Stock Down 18.9%

NASDAQ SMCZ traded down $0.70 during trading hours on Tuesday, hitting $3.01. 6,060,402 shares of the company’s stock traded hands, compared to its average volume of 1,277,647. Defiance Daily Target 2X Short SMCI ETF has a 52-week low of $2.52 and a 52-week high of $66.70. The firm’s 50-day moving average is $7.57 and its 200-day moving average is $21.26.

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

A number of large investors have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC purchased a new position in Defiance Daily Target 2X Short SMCI ETF during the second quarter worth approximately $137,000. Optiver Holding B.V. grew its holdings in Defiance Daily Target 2X Short SMCI ETF by 315.8% in the 1st 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 in the last quarter. Jump Financial LLC acquired a new stake in shares of Defiance Daily Target 2X Short SMCI ETF in the 4th quarter worth $259,000. StoneX Group Inc. acquired a new stake in shares of Defiance Daily Target 2X Short SMCI ETF in the 4th quarter worth $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 worth $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.