Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) Stock Price Down 2.8% – Should You Sell?

Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ)’s share price dropped 2.8% during trading on Tuesday . The company traded as low as $37.68 and last traded at $38.26. Approximately 104,690 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 179,833 shares. The stock had previously closed at $39.37.

Defiance Daily Target 2X Short SMCI ETF Trading Down 2.8%

The company has a fifty day moving average of $48.12 and a two-hundred day moving average of $41.14.

Institutional Investors Weigh In On Defiance Daily Target 2X Short SMCI ETF

Several institutional investors have recently made changes to their positions in SMCZ. Susquehanna International Group LLP boosted its stake in shares of Defiance Daily Target 2X Short SMCI ETF by 103.8% during the 3rd quarter. Susquehanna International Group LLP now owns 61,432 shares of the company’s stock worth $245,000 after purchasing an additional 31,286 shares during the period. Jump Financial LLC bought a new stake in Defiance Daily Target 2X Short SMCI ETF in the fourth quarter worth about $259,000. Finally, StoneX Group Inc. bought a new stake in Defiance Daily Target 2X Short SMCI ETF in the fourth quarter worth about $246,000.

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.