Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 178,495 shares, an increase of 301.3% from the August 15th total of 44,483 shares. Based on an average daily trading volume, of 123,959 shares, the short-interest ratio is currently 1.4 days. Currently, 2.0% of the company’s shares are short sold.
Tidal Trust II Defiance S&P 500 Price Performance
NYSEARCA SPYT opened at $17.13 on Monday. The company has a market cap of $153.83 million, a P/E ratio of 24.43 and a beta of 0.88. The stock has a 50-day moving average of $17.33 and a two-hundred day moving average of $17.22. Tidal Trust II Defiance S&P 500 has a 1-year low of $15.77 and a 1-year high of $18.68.
Institutional Investors Weigh In On Tidal Trust II Defiance S&P 500
Several large investors have recently added to or reduced their stakes in SPYT. ZEGA Investments LLC purchased a new stake in Tidal Trust II Defiance S&P 500 during the second quarter worth approximately $261,000. Wealthcare Advisory Partners LLC boosted its stake in Tidal Trust II Defiance S&P 500 by 9.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 22,354 shares of the company’s stock valued at $392,000 after acquiring an additional 1,915 shares in the last quarter. Corient Private Wealth LP grew its holdings in shares of Tidal Trust II Defiance S&P 500 by 57.0% during the second quarter. Corient Private Wealth LP now owns 27,408 shares of the company’s stock worth $578,000 after purchasing an additional 9,946 shares during the last quarter. PFG Investments LLC grew its holdings in shares of Tidal Trust II Defiance S&P 500 by 85.3% during the first quarter. PFG Investments LLC now owns 37,092 shares of the company’s stock worth $605,000 after purchasing an additional 17,078 shares during the last quarter. Finally, Herbst Group LLC purchased a new position in shares of Tidal Trust II Defiance S&P 500 during the second quarter worth about $1,824,000.
Tidal Trust II Defiance S&P 500 Company Profile
The Defiance S&P 500 Target Income ETF (SPYT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance. SPYT was launched on Mar 7, 2024 and is issued by Defiance.
Further Reading
- Five stocks we like better than Tidal Trust II Defiance S&P 500
- Intel’s Price Hikes Could Put $120 Back in Play
- Blue-Chip Stocks Are Looking Anything But Boring With Dividends and Big 2026 Gains
- Digging for Value: Alpha Metallurgical Resources Insider Buys Big
- Smart Money Shifts: U.S. Bancorp Pairs Tech With Yield
Receive News & Ratings for Tidal Trust II Defiance S&P 500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tidal Trust II Defiance S&P 500 and related companies with MarketBeat.com's FREE daily email newsletter.
