Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Shares Down 4% – Here’s What Happened

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) dropped 4% during mid-day trading on Monday . The company traded as low as $46.35 and last traded at $50.59. Approximately 85,009 shares were traded during trading, a decline of 22% from the average daily volume of 109,262 shares. The stock had previously closed at $52.68.

Defiance Daily Target 2X Short SMCI ETF Stock Performance

The company has a 50 day simple moving average of $51.00 and a 200 day simple moving average of $40.18.

Hedge Funds Weigh In On Defiance Daily Target 2X Short SMCI ETF

An institutional investor recently raised its position in Defiance Daily Target 2X Short SMCI ETF stock. Susquehanna International Group LLP boosted its position in Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) by 103.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,432 shares of the company’s stock after purchasing an additional 31,286 shares during the period. Susquehanna International Group LLP owned about 3.09% of Defiance Daily Target 2X Short SMCI ETF worth $245,000 as of its most recent filing with the Securities & Exchange Commission.

Defiance Daily Target 2X Short SMCI ETF Company Profile

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.