Defiance Daily Target 2X Short SMCI ETF

SMCZ

Market cap $4.9M

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”).

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.

The Defiance Daily Target 2X Short SMCI ETF (NASDAQ:SMCZ) exists for one job: deliver negative two times the daily price move of Super Micro Computer.

Leveraged ETFs surged amid market turmoil as stocks slid and commodities swung wildly. Inverse plays dominated -- here are last week's top winners.

MILWAUKEE, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal”) announces that the Defiance Daily Target 2X Short SMCI ETF, (Ticker: SMCZ) was halted to allow Tidal to evaluate the accuracy of the SMCZ Net Asset Values per share (NAVs) published for January 7, 2026. Tidal determined the NAV for SMCZ required to be restated from $ 52.1477 per share to $ 54.1535 per share.