Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Shares Down 16.3% – Time to Sell?

Posted by Latisha Jones on Apr 3rd, 2025

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Get Free Report) shares were down 16.3% during trading on Thursday . The company traded as low as $25.05 and last traded at $25.29. Approximately 4,504,873 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 8,109,017 shares. The stock had previously closed at $30.21.

Defiance Daily Target 1.75X Long MSTR ETF Stock Down 19.7 %

The stock has a market capitalization of $967.89 million and a PE ratio of -142.76. The business’s 50-day moving average is $34.53 and its two-hundred day moving average is $52.40.

Institutional Trading of Defiance Daily Target 1.75X Long MSTR ETF

A hedge fund recently bought a new stake in Defiance Daily Target 1.75X Long MSTR ETF stock. MassMutual Private Wealth & Trust FSB acquired a new position in shares of Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,530 shares of the company’s stock, valued at approximately $39,000. Institutional investors own 4.09% of the company’s stock.

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.