Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Sees Large Increase in Short Interest

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 954,694 shares, a growth of 243.7% from the July 15th total of 277,758 shares. Based on an average trading volume of 894,307 shares, the days-to-cover ratio is currently 1.1 days. Currently, 18.5% of the shares of the stock are short sold.

Defiance Daily Target 2X Long RGTI ETF Trading Up 8.2%

Defiance Daily Target 2X Long RGTI ETF stock traded up $1.18 during mid-day trading on Thursday, hitting $15.59. The company’s stock had a trading volume of 307,821 shares, compared to its average volume of 1,297,534. The stock’s fifty day moving average price is $15.86 and its two-hundred day moving average price is $21.26. Defiance Daily Target 2X Long RGTI ETF has a twelve month low of $7.69 and a twelve month high of $501.80.

Institutional Trading of Defiance Daily Target 2X Long RGTI ETF

Several large investors have recently added to or reduced their stakes in the company. StoneX Group Inc. acquired a new stake in Defiance Daily Target 2X Long RGTI ETF during the 4th quarter worth about $260,000. Jump Financial LLC bought a new stake in Defiance Daily Target 2X Long RGTI ETF in the second quarter worth approximately $584,000. Finally, Flow Traders U.S. LLC bought a new position in Defiance Daily Target 2X Long RGTI ETF during the third quarter valued at about $623,000.

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.