Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Sees Large Growth in Short Interest

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 329,072 shares, a growth of 2,363.1% from the September 30th total of 13,360 shares. Approximately 149.6% of the company’s shares are short sold. Based on an average daily trading volume, of 2,423,550 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Defiance Daily Target 2X Short SMCI ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Short SMCI ETF stock. Concurrent Investment Advisors LLC acquired a new stake in Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,218 shares of the company’s stock, valued at approximately $137,000. Concurrent Investment Advisors LLC owned about 1.37% of Defiance Daily Target 2X Short SMCI ETF as of its most recent SEC filing.

Defiance Daily Target 2X Short SMCI ETF Trading Down 14.3%

NASDAQ SMCZ traded down $0.90 on Tuesday, reaching $5.40. 1,195,919 shares of the stock traded hands, compared to its average volume of 1,027,344. The company has a fifty day moving average price of $5.57 and a 200-day moving average price of $40.09. Defiance Daily Target 2X Short SMCI ETF has a 12 month low of $3.66 and a 12 month high of $133.40.

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.