Short Interest in Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Increases By 98.8%

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,201,798 shares, a growth of 98.8% from the May 14th total of 604,517 shares. Approximately 42.5% of the company’s stock are short sold. Based on an average trading volume of 4,528,018 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of RGTX. Flow Traders U.S. LLC bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the third quarter valued at approximately $623,000. Jump Financial LLC bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the second quarter valued at approximately $584,000. StoneX Group Inc. bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the fourth quarter valued at approximately $260,000. Finally, Genesis Financial Group LLC bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the fourth quarter valued at approximately $304,000.

Defiance Daily Target 2X Long RGTI ETF Stock Performance

Shares of Defiance Daily Target 2X Long RGTI ETF stock traded down $3.59 during trading on Tuesday, reaching $23.21. The company had a trading volume of 884,985 shares, compared to its average volume of 1,441,485. Defiance Daily Target 2X Long RGTI ETF has a fifty-two week low of $11.80 and a fifty-two week high of $501.80. The firm’s fifty day moving average is $24.50 and its 200-day moving average is $36.03.

Defiance Daily Target 2X Long RGTI ETF Company Profile

Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund invests in public equity markets. It invests through derivatives in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors. The fund uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is domiciled in the United States.