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 stock traded as high as $11.01 and last traded at $10.86. 669,827 shares traded 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 Price Performance

The business has a 50-day moving average price of $21.95 and a two-hundred day moving average price of $26.68.

Institutional Trading of Defiance Daily Target 2X Long RGTI ETF

Institutional investors and hedge funds have recently modified their holdings of the business. StoneX Group Inc. acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF during the fourth quarter valued at $260,000. Genesis Financial Group LLC acquired a new position in Defiance Daily Target 2X Long RGTI ETF in the 4th quarter valued at about $304,000. Jump Financial LLC purchased a new position in Defiance Daily Target 2X Long RGTI ETF in the 2nd quarter valued at about $584,000. Finally, Flow Traders U.S. LLC purchased a new position in Defiance Daily Target 2X Long RGTI ETF in the 3rd quarter valued at about $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.