Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Short Interest Down 48.9% in June

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 613,934 shares, a decline of 48.9% from the May 31st total of 1,201,798 shares. Based on an average daily volume of 2,398,699 shares, the days-to-cover ratio is presently 0.3 days. Approximately 21.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On Defiance Daily Target 2X Long RGTI ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF in the third quarter valued at approximately $623,000. Jump Financial LLC acquired a new position in Defiance Daily Target 2X Long RGTI ETF during the 2nd quarter worth $584,000. StoneX Group Inc. acquired a new position in Defiance Daily Target 2X Long RGTI ETF during the 4th quarter worth $260,000. Finally, Genesis Financial Group LLC bought a new position in Defiance Daily Target 2X Long RGTI ETF in the 4th quarter valued at $304,000.

Defiance Daily Target 2X Long RGTI ETF Stock Performance

Shares of RGTX stock opened at $18.06 on Tuesday. The stock’s fifty day moving average is $25.03 and its 200-day moving average is $31.98. Defiance Daily Target 2X Long RGTI ETF has a 52 week low of $11.80 and a 52 week high of $501.80.

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.