Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Trading Up 4.6% – What’s Next?

Shares of Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) were up 4.6% on Friday . The stock traded as high as $16.53 and last traded at $15.74. Approximately 615,508 shares changed hands during trading, a decline of 42% from the average daily volume of 1,058,483 shares. The stock had previously closed at $15.05.

Defiance Daily Target 2X Long RGTI ETF Trading Up 4.6%

The company’s fifty day simple moving average is $20.61 and its two-hundred day simple moving average is $91.35.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. StoneX Group Inc. acquired a new position in Defiance Daily Target 2X Long RGTI ETF during the 4th quarter worth $260,000. Flow Traders U.S. LLC acquired a new position in Defiance Daily Target 2X Long RGTI ETF during the 3rd quarter worth $623,000. Jump Financial LLC acquired a new position in Defiance Daily Target 2X Long RGTI ETF during the 2nd quarter worth $584,000. Genesis Financial Group LLC bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the 4th quarter worth about $304,000. Finally, Belvedere Trading LLC acquired a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the 3rd quarter valued at about $832,000.

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.