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

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,056,257 shares, an increase of 158.7% from the October 15th total of 408,267 shares. Currently, 35.0% of the company’s shares are sold short. Based on an average daily volume of 4,525,545 shares, the days-to-cover ratio is presently 0.2 days.

Defiance Daily Target 2X Short PLTR ETF Stock Up 6.1%

Shares of NASDAQ PLTZ traded up $0.52 during trading hours on Friday, hitting $9.02. The company’s stock had a trading volume of 702,031 shares, compared to its average volume of 2,344,226. Defiance Daily Target 2X Short PLTR ETF has a 12 month low of $6.07 and a 12 month high of $43.79. The business has a 50-day simple moving average of $8.04 and a 200-day simple moving average of $22.84.

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

An institutional investor recently bought a new position in Defiance Daily Target 2X Short PLTR ETF stock. StoneX Group Inc. acquired a new position in Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 51,761 shares of the company’s stock, valued at approximately $411,000. StoneX Group Inc. owned 1.28% of Defiance Daily Target 2X Short PLTR ETF at the end of the most recent reporting period.

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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