Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Shares Down 0.8% – Here’s What Happened

Shares of Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) dropped 0.8% on Friday . The stock traded as low as $8.90 and last traded at $9.34. 382,780 shares were traded during mid-day trading, a decline of 47% from the average session volume of 718,104 shares. The stock had previously closed at $9.42.

Defiance Daily Target 2X Short SMCI ETF Trading Down 0.8%

The company’s 50 day simple moving average is $10.91 and its 200-day simple moving average is $31.47.

Institutional Investors Weigh In On Defiance Daily Target 2X Short SMCI ETF

Several hedge funds have recently made changes to their positions in the business. Optiver Holding B.V. grew its position in shares of Defiance Daily Target 2X Short SMCI ETF by 315.8% in the first quarter. Optiver Holding B.V. now owns 28,095 shares of the company’s stock valued at $1,289,000 after purchasing an additional 21,338 shares during the period. Susquehanna International Group LLP lifted its position in Defiance Daily Target 2X Short SMCI ETF by 103.8% during the third quarter. Susquehanna International Group LLP now owns 61,432 shares of the company’s stock worth $245,000 after buying an additional 31,286 shares during the period. StoneX Group Inc. purchased a new position in Defiance Daily Target 2X Short SMCI ETF during the fourth quarter worth about $246,000. Finally, Jump Financial LLC purchased a new stake in Defiance Daily Target 2X Short SMCI ETF in the 4th quarter valued at about $259,000.

About Defiance Daily Target 2X Short SMCI ETF

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.