Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Shares Up 14% – What’s Next?

Shares of Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) rose 14% on Tuesday . The company traded as high as $31.36 and last traded at $30.91. Approximately 1,263,424 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 1,707,589 shares. The stock had previously closed at $27.11.

Defiance Daily Target 2X Short PLTR ETF Stock Up 14.0%

The business’s fifty day moving average is $30.16 and its two-hundred day moving average is $28.69.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Susquehanna International Group LLP grew its holdings in shares of Defiance Daily Target 2X Short PLTR ETF by 1,723.8% in the third quarter. Susquehanna International Group LLP now owns 195,477 shares of the company’s stock valued at $1,400,000 after purchasing an additional 184,759 shares in the last quarter. GEM Asset Management LLC acquired a new position in shares of Defiance Daily Target 2X Short PLTR ETF in the third quarter valued at approximately $526,000. XTX Topco Ltd acquired a new position in shares of Defiance Daily Target 2X Short PLTR ETF in the fourth quarter valued at approximately $412,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Defiance Daily Target 2X Short PLTR ETF in the third quarter valued at approximately $70,000. Finally, Optiver Holding B.V. acquired a new position in shares of Defiance Daily Target 2X Short PLTR ETF in the third quarter valued at approximately $49,000.

About Defiance Daily Target 2X Short PLTR ETF

Tidal Trust II – Defiance Daily Target 2X Short PLTR ETF is an exchange traded fund launched and managed by Tidal Investments LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. The fund employs short strategy and uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.