Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Stock Price Up 14% – Still a Buy?

Shares of Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) shot up 14% during mid-day trading on Tuesday . The company traded as high as $11.01 and last traded at $10.86. Approximately 669,827 shares changed hands during trading, a decline of 51% from the average daily volume of 1,359,589 shares. The stock had previously closed at $9.53.

Defiance Daily Target 2X Long RGTI ETF Stock Performance

The company has a 50 day simple moving average of $21.95 and a 200 day simple moving average of $26.68.

Institutional Investors Weigh In On Defiance Daily Target 2X Long RGTI ETF

Several institutional investors have recently bought and sold shares of RGTX. StoneX Group Inc. acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF in the fourth quarter worth $260,000. Genesis Financial Group LLC purchased a new stake in Defiance Daily Target 2X Long RGTI ETF during the 4th quarter worth $304,000. Jump Financial LLC purchased a new stake in Defiance Daily Target 2X Long RGTI ETF during the 2nd quarter worth $584,000. Finally, Flow Traders U.S. LLC purchased a new stake in Defiance Daily Target 2X Long RGTI ETF during the 3rd quarter worth $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.