
The Defiance Daily Target 2X Long SMCI ETF, referred to as the "Fund," aims to achieve daily investment outcomes that are double (200%) the daily percentage movement of Super Micro Computer, Inc.'s (NASDAQ: SMCI) stock price. Due to its pursuit of daily leveraged performance, this fund is structured quite differently from the majority of other exchange-traded funds, and there is no guarantee that it will consistently fulfill its stated objective. Moreover, investors should not expect the Fund's cumulative returns to be two times that of SMCI over holding periods longer than a single trading day.
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NEW YORK, Aug. 13, 2026 (GLOBE NEWSWIRE) -- In a release issued under the same headline on July 17, 2026, by Tidal Financial Group, please note that the effective dates for all reported funds have been corrected. The corrected release follows: Tidal Financial Group and Defiance ETFs announce reverse stock splits for eleven of Defiance's leveraged exchange-traded funds (“ETFs”).

Defiance Daily Target 2X Short SMCI ETF (NASDAQ: SMCZ - Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 279,445 shares, an increase of 3,071.9% from the July 15th total of 8,810 shares. Approximately 25.2% of the shares of the stock

NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- In a release issued under the same headline on July 17, 2026, by Tidal Financial Group, please note that the effective dates for all reported funds have been corrected. The corrected release follows: Tidal Financial Group and Defiance ETFs announce reverse stock splits for eleven of Defiance's leveraged exchange-traded funds (“ETFs”).

Defiance Daily Target 2X Short SMCI ETF (NASDAQ: SMCZ - Get Free Report) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 433,578 shares, a decrease of 37.3% from the June 15th total of 691,291 shares. Based on an average daily volume of 1,524,105

NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for eleven of Defiance's leveraged exchange-traded funds (“ETFs”). These reverse splits are intended to reduce the number of outstanding shares and proportionally increase each fund's share price, with no impact on the total value of shareholders' investments.