Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Sees Large Increase in Short Interest

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 109,137 shares, a growth of 19,148.1% from the April 15th total of 567 shares. Approximately 47.5% of the company’s shares are short sold. Based on an average daily trading volume, of 244,483 shares, the short-interest ratio is presently 0.4 days.

Defiance Daily Target 2X Short SMCI ETF Trading Up 9.5%

SMCZ stock traded up $1.19 during trading on Monday, hitting $13.74. The company had a trading volume of 510,248 shares, compared to its average volume of 343,986. Defiance Daily Target 2X Short SMCI ETF has a 52-week low of $11.86 and a 52-week high of $124.80. The company has a 50 day simple moving average of $36.03 and a 200-day simple moving average of $41.53.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Jump Financial LLC purchased a new position in Defiance Daily Target 2X Short SMCI ETF in the 4th quarter worth about $259,000. StoneX Group Inc. purchased a new position in Defiance Daily Target 2X Short SMCI ETF during the 4th quarter valued at about $246,000. Finally, Susquehanna International Group LLP increased its position 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 period.

Defiance Daily Target 2X Short SMCI ETF Company Profile

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.