Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Trading Down 19.6% – Here’s What Happened

Shares of Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) fell 19.6% on Tuesday . The stock traded as low as $17.65 and last traded at $20.40. 2,615,128 shares changed hands during trading, an increase of 82% from the average session volume of 1,439,151 shares. The stock had previously closed at $25.38.

Defiance Daily Target 2X Long RGTI ETF Trading Down 19.6%

The firm has a 50-day moving average price of $23.77 and a two-hundred day moving average price of $37.38.

Institutional Trading of Defiance Daily Target 2X Long RGTI ETF

Several institutional investors and hedge funds have recently bought and sold shares of RGTX. Genesis Financial Group LLC bought a new stake in Defiance Daily Target 2X Long RGTI ETF during the fourth quarter worth about $304,000. StoneX Group Inc. bought a new stake in Defiance Daily Target 2X Long RGTI ETF during the fourth quarter worth about $260,000. Jump Financial LLC bought a new stake in Defiance Daily Target 2X Long RGTI ETF during the second quarter worth about $584,000. Finally, Flow Traders U.S. LLC bought a new stake in Defiance Daily Target 2X Long RGTI ETF during the third quarter worth about $623,000.

About Defiance Daily Target 2X Long RGTI ETF

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.