Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Sees Large Increase in Short Interest

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 408,267 shares, an increase of 64.7% from the September 30th total of 247,933 shares. Approximately 7.3% of the shares of the stock are short sold. Based on an average daily volume of 5,168,640 shares, the days-to-cover ratio is presently 0.1 days.

Defiance Daily Target 2X Short PLTR ETF Trading Up 8.0%

Shares of PLTZ opened at $8.85 on Tuesday. Defiance Daily Target 2X Short PLTR ETF has a 52-week low of $6.07 and a 52-week high of $43.79. The business’s fifty day moving average is $8.06 and its 200-day moving average is $23.53.

About Defiance Daily Target 2X Short PLTR ETF

(Get Free Report)

Tidal Trust II – Defiance Daily Target 2X Short PLTR ETF is an exchange traded fund launched and managed by Tidal Investments LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. The fund employs short strategy and uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.

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