Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Shares Down 5.2% – Here’s Why

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX)’s stock price fell 5.2% during trading on Monday . The stock traded as low as $6.70 and last traded at $7.09. 3,363,892 shares were traded during mid-day trading, a decline of 9% from the average session volume of 3,687,061 shares. The stock had previously closed at $7.48.

Defiance Daily Target 2X Long RGTI ETF Trading Down 5.2%

The business has a 50 day simple moving average of $15.28 and a two-hundred day simple moving average of $25.92.

Institutional Trading of Defiance Daily Target 2X Long RGTI ETF

Several institutional investors have recently added to or reduced their stakes in RGTX. Genesis Financial Group LLC acquired a new position in Defiance Daily Target 2X Long RGTI ETF during the 4th quarter worth $304,000. Jump Financial LLC bought a new position in shares of Defiance Daily Target 2X Long RGTI ETF during the second quarter worth about $584,000. Belvedere Trading LLC acquired a new position in Defiance Daily Target 2X Long RGTI ETF in the third quarter worth about $832,000. Finally, Flow Traders U.S. LLC bought a new stake in Defiance Daily Target 2X Long RGTI ETF in the third quarter valued at 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.