Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Shares Down 4.1% – What’s Next?

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) dropped 4.1% during trading on Friday . The company traded as low as $14.85 and last traded at $14.87. Approximately 3,887,107 shares traded hands during trading, an increase of 27% from the average daily volume of 3,057,663 shares. The stock had previously closed at $15.51.

Defiance Daily Target 2X Long RGTI ETF Trading Down 4.1%

The stock has a fifty day moving average of $19.99 and a two-hundred day moving average of $25.42.

Institutional Trading of Defiance Daily Target 2X Long RGTI ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Belvedere Trading LLC bought a new stake in shares of Defiance Daily Target 2X Long RGTI ETF during the third quarter worth $832,000. Flow Traders U.S. LLC acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF during the 3rd quarter worth approximately $623,000. Finally, Jump Financial LLC acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF during the 2nd quarter worth approximately $584,000.

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.