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

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

Defiance Daily Target 2X Short SMCI ETF Stock Performance

Shares of NASDAQ SMCZ traded up $0.11 during midday trading on Monday, hitting $6.30. The stock had a trading volume of 2,340,529 shares, compared to its average volume of 1,027,237. The stock has a 50 day simple moving average of $5.57 and a 200-day simple moving average of $40.09. Defiance Daily Target 2X Short SMCI ETF has a 1 year low of $3.66 and a 1 year high of $133.40.

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

A hedge fund recently bought a new position in Defiance Daily Target 2X Short SMCI ETF stock. Concurrent Investment Advisors LLC purchased a new position in Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,218 shares of the company’s stock, valued at approximately $137,000. Concurrent Investment Advisors LLC owned approximately 1.37% of Defiance Daily Target 2X Short SMCI ETF at the end of the most recent quarter.

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.