Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Trading 7.1% Higher – Here’s What Happened

Posted by Donald Scott on Mar 8th, 2025

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Get Free Report) traded up 7.1% during trading on Thursday . The stock traded as high as $35.41 and last traded at $35.75. 5,751,164 shares traded hands during trading, a decline of 24% from the average session volume of 7,521,694 shares. The stock had previously closed at $33.38.

Defiance Daily Target 1.75X Long MSTR ETF Price Performance

The stock has a market cap of $904.54 million and a P/E ratio of -168.65. The company has a fifty day moving average price of $42.62 and a 200 day moving average price of $51.08.

Defiance Daily Target 1.75X Long MSTR ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were given a dividend of $14.4276 per share. The ex-dividend date was Tuesday, December 31st. Defiance Daily Target 1.75X Long MSTR ETF’s payout ratio is -8,482.35%.

About Defiance Daily Target 1.75X Long MSTR ETF

(Get Free Report)

The Defiance Daily Target 2x Long MSTR ETF (MSTX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x leveraged exposure to the daily share price movement of the MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. MSTX was launched on Aug 14, 2024 and is issued by Defiance.