Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Trading Down 21.1% – Time to Sell?

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ)’s stock price traded down 21.1% on Thursday . The company traded as low as $9.26 and last traded at $9.42. Approximately 816,714 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 662,652 shares. The stock had previously closed at $11.94.

Defiance Daily Target 2X Short SMCI ETF Stock Performance

The firm has a 50 day simple moving average of $17.00 and a 200-day simple moving average of $35.71.

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

Large investors have recently made changes to their positions in the company. Susquehanna International Group LLP increased its position in shares of Defiance Daily Target 2X Short SMCI ETF by 103.8% during the 3rd quarter. Susquehanna International Group LLP now owns 61,432 shares of the company’s stock worth $245,000 after purchasing an additional 31,286 shares in the last quarter. StoneX Group Inc. acquired a new position in Defiance Daily Target 2X Short SMCI ETF in the fourth quarter valued at about $246,000. Jump Financial LLC bought a new stake in Defiance Daily Target 2X Short SMCI ETF during the fourth quarter worth about $259,000. Finally, Optiver Holding B.V. grew its stake in Defiance Daily Target 2X Short SMCI ETF by 315.8% during the first quarter. Optiver Holding B.V. now owns 28,095 shares of the company’s stock worth $1,289,000 after buying an additional 21,338 shares during the last quarter.

About Defiance Daily Target 2X Short SMCI ETF

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.