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

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

Defiance Daily Target 2X Short SMCI ETF Trading Up 2.1%

Shares of NASDAQ SMCZ traded up $0.11 during mid-day trading on Wednesday, hitting $5.46. 1,038,301 shares of the stock traded hands, compared to its average volume of 1,031,312. The stock has a fifty day moving average price of $5.55 and a 200-day moving average price of $39.58. Defiance Daily Target 2X Short SMCI ETF has a 52 week low of $3.66 and a 52 week high of $133.40.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Defiance Daily Target 2X Short SMCI ETF stock. Concurrent Investment Advisors LLC acquired a new stake in shares of Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 15,218 shares of the company’s stock, valued at approximately $137,000. Concurrent Investment Advisors LLC owned about 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.