Defiance Daily Target 2X Long CVNA ETF (NASDAQ:CVNX) Stock Price Up 6% – Time to Buy?

Shares of Defiance Daily Target 2X Long CVNA ETF (NASDAQ:CVNXGet Free Report) rose 6% during trading on Wednesday . The stock traded as high as $14.85 and last traded at $14.81. Approximately 46,642 shares traded hands during trading, a decline of 53% from the average daily volume of 99,096 shares. The stock had previously closed at $13.97.

Defiance Daily Target 2X Long CVNA ETF Price Performance

The business’s 50-day moving average price is $24.79 and its 200-day moving average price is $22.89.

About Defiance Daily Target 2X Long CVNA ETF

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Tidal Trust II – Defiance Daily Target 2X Long CVNA 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 consumer discretionary, consumer discretionary distribution and retail and specialty retail 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.

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