Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Trading Up 3.6% – What’s Next?

Shares of Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) shot up 3.6% during mid-day trading on Wednesday . The company traded as high as $14.82 and last traded at $14.41. 661,115 shares changed hands during trading, a decline of 49% from the average daily volume of 1,304,455 shares. The stock had previously closed at $13.91.

Defiance Daily Target 2X Long RGTI ETF Stock Up 3.6%

The company has a 50 day simple moving average of $15.86 and a 200-day simple moving average of $21.26.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. StoneX Group Inc. bought a new stake in Defiance Daily Target 2X Long RGTI ETF in the 4th quarter valued at approximately $260,000. Jump Financial LLC acquired a new position in Defiance Daily Target 2X Long RGTI ETF during the 2nd quarter worth approximately $584,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the 3rd quarter worth approximately $623,000.

Defiance Daily Target 2X Long RGTI ETF Company Profile

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.