Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Trading Up 0.9% – Still a Buy?

Shares of Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) were up 0.9% during mid-day trading on Tuesday . The company traded as high as $26.86 and last traded at $26.15. Approximately 714,102 shares were traded during trading, an increase of 179% from the average daily volume of 255,750 shares. The stock had previously closed at $25.92.

Defiance Daily Target 2X Short SMCI ETF Stock Performance

The business has a 50 day simple moving average of $37.03 and a 200-day simple moving average of $41.68.

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

A number of hedge funds have recently added to or reduced their stakes in SMCZ. Susquehanna International Group LLP boosted its stake in 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 valued at $245,000 after purchasing an additional 31,286 shares during the last quarter. StoneX Group Inc. acquired a new position in Defiance Daily Target 2X Short SMCI ETF during the 4th quarter valued at about $246,000. Finally, Jump Financial LLC acquired a new position in Defiance Daily Target 2X Short SMCI ETF during the 4th quarter valued at about $259,000.

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.