Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Trading Up 0.6% – Time to Buy?

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ)’s share price shot up 0.6% during mid-day trading on Thursday . The company traded as high as $39.61 and last traded at $37.46. 1,469,387 shares changed hands during trading, a decline of 35% from the average session volume of 2,273,488 shares. The stock had previously closed at $37.24.

Defiance Daily Target 2X Short PLTR ETF Stock Down 0.5%

The firm’s 50 day moving average is $28.73 and its two-hundred day moving average is $29.86.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in PLTZ. Optiver Holding B.V. bought a new position in shares of Defiance Daily Target 2X Short PLTR ETF in the third quarter valued at approximately $49,000. Wealth Enhancement Advisory Services LLC bought a new position in Defiance Daily Target 2X Short PLTR ETF in the 3rd quarter valued at $70,000. XTX Topco Ltd purchased a new stake in shares of Defiance Daily Target 2X Short PLTR ETF during the 4th quarter valued at $412,000. GEM Asset Management LLC bought a new stake in shares of Defiance Daily Target 2X Short PLTR ETF during the 3rd quarter worth $526,000. Finally, Susquehanna International Group LLP boosted its holdings in shares of Defiance Daily Target 2X Short PLTR ETF by 1,723.8% in the 3rd quarter. Susquehanna International Group LLP now owns 195,477 shares of the company’s stock worth $1,400,000 after buying an additional 184,759 shares during the last quarter.

Defiance Daily Target 2X Short PLTR ETF Company Profile

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.