Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ) Sees Significant Decrease in Short Interest

Defiance Daily Target 2X Short PLTR ETF (NASDAQ:PLTZ – Get Free Report) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 672,343 shares, a drop of 48.2% from the August 31st total of 1,297,006 shares. Based on an average daily volume of 4,538,309 shares, the short-interest ratio is presently 0.1 days. Currently, 15.6% of the company’s shares are sold short.

Defiance Daily Target 2X Short PLTR ETF Stock Performance

Shares of NASDAQ:PLTZ traded down $0.02 during trading on Wednesday, reaching $7.94. The stock had a trading volume of 2,647,038 shares, compared to its average volume of 1,967,823. The business has a fifty day moving average price of $13.11 and a 200-day moving average price of $23.85. Defiance Daily Target 2X Short PLTR ETF has a fifty-two week low of $7.34 and a fifty-two week high of $43.79.

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About Defiance Daily Target 2X Short PLTR ETF

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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.

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