Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Shares Gap Down – Here’s What Happened

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX)’s share price gapped down prior to trading on Monday . The stock had previously closed at $28.71, but opened at $27.79. Defiance Daily Target 1.75X Long MSTR ETF shares last traded at $26.39, with a volume of 1,319,015 shares traded.

Defiance Daily Target 1.75X Long MSTR ETF Stock Performance

The company’s 50-day moving average is $40.06 and its 200 day moving average is $51.57. The company has a market capitalization of $858.54 million and a PE ratio of -158.59.

Defiance Daily Target 1.75X Long MSTR ETF Announces Dividend

The company also recently disclosed 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 of this dividend was Tuesday, December 31st. Defiance Daily Target 1.75X Long MSTR ETF’s dividend payout ratio (DPR) is -8,482.35%.

Defiance Daily Target 1.75X Long MSTR ETF Company Profile

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.