Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Short Interest Update

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 613,934 shares, a decline of 48.9% from the May 31st total of 1,201,798 shares. Currently, 21.7% of the company’s stock are sold short. Based on an average daily volume of 2,398,699 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Defiance Daily Target 2X Long RGTI ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC purchased a new stake in shares of Defiance Daily Target 2X Long RGTI ETF during the third quarter valued at approximately $623,000. Jump Financial LLC purchased a new position in Defiance Daily Target 2X Long RGTI ETF in the second quarter worth $584,000. StoneX Group Inc. purchased a new position in Defiance Daily Target 2X Long RGTI ETF in the fourth quarter worth $260,000. Finally, Genesis Financial Group LLC bought a new position in Defiance Daily Target 2X Long RGTI ETF in the 4th quarter valued at $304,000.

Defiance Daily Target 2X Long RGTI ETF Price Performance

NASDAQ:RGTX traded down $1.29 during trading hours on Wednesday, hitting $17.21. 736,859 shares of the company traded hands, compared to its average volume of 1,424,050. The firm’s 50-day simple moving average is $24.84 and its 200-day simple moving average is $31.59. Defiance Daily Target 2X Long RGTI ETF has a one year low of $11.80 and a one year high of $501.80.

About Defiance Daily Target 2X Long RGTI ETF

Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund invests in public equity markets. It invests through derivatives in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors. The fund uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is domiciled in the United States.