Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT) Sees Large Decrease in Short Interest

Posted by Linda Flegge on Aug 26th, 2026

Tidal Trust II Defiance S&P 500 (NYSEARCA:SPYT – Get Free Report) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 44,483 shares, a drop of 83.3% from the July 30th total of 265,780 shares. Based on an average daily volume of 112,311 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.5% of the shares of the company are short sold.

Tidal Trust II Defiance S&P 500 Trading Down 0.1%

NYSEARCA:SPYT traded down $0.01 during trading hours on Wednesday, reaching $17.39. The company had a trading volume of 89,849 shares, compared to its average volume of 146,545. The firm has a market cap of $156.21 million, a price-to-earnings ratio of 24.43 and a beta of 0.88. The firm’s 50 day moving average price is $17.36 and its 200-day moving average price is $17.22. Tidal Trust II Defiance S&P 500 has a 52 week low of $15.77 and a 52 week high of $18.68.

Institutional Trading of Tidal Trust II Defiance S&P 500

A number of hedge funds have recently bought and sold shares of the company. Herbst Group LLC purchased a new position in Tidal Trust II Defiance S&P 500 in the second quarter worth about $1,824,000. ZEGA Investments LLC bought a new position in shares of Tidal Trust II Defiance S&P 500 in the 2nd quarter worth approximately $261,000. Wealthcare Advisory Partners LLC boosted its holdings in shares of 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 worth $392,000 after buying an additional 1,915 shares during the last quarter. Finally, PFG Investments LLC boosted its holdings in shares of Tidal Trust II Defiance S&P 500 by 85.3% in the first quarter. PFG Investments LLC now owns 37,092 shares of the company’s stock worth $605,000 after buying an additional 17,078 shares during the last quarter.

Tidal Trust II Defiance S&P 500 Company Profile

(Get Free Report)

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.