Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Trading Up 13.7% – Here’s What Happened

Posted by Dante Gardener on Mar 26th, 2025

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Get Free Report)’s share price shot up 13.7% on Monday . The stock traded as high as $32.97 and last traded at $33.73. 2,285,544 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 7,954,819 shares. The stock had previously closed at $29.67.

Defiance Daily Target 1.75X Long MSTR ETF Stock Performance

The stock’s fifty day simple moving average is $37.85 and its 200-day simple moving average is $52.19. The stock has a market cap of $1.17 billion and a P/E ratio of -217.76.

Defiance Daily Target 1.75X Long MSTR ETF Dividend Announcement

The business also recently declared 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 dividend payout ratio is currently -8,482.35%.

Defiance Daily Target 1.75X Long MSTR ETF Company Profile

(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.