Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Stock Price Up 10.1% – Here’s Why

Posted by Jeff Wilder on Mar 2nd, 2025

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Get Free Report) shares were up 10.1% during mid-day trading on Friday . The stock traded as high as $23.03 and last traded at $22.90. Approximately 6,339,278 shares changed hands during trading, a decline of 36% from the average daily volume of 9,895,133 shares. The stock had previously closed at $20.79.

Defiance Daily Target 1.75X Long MSTR ETF Stock Performance

The firm has a market capitalization of $739.85 million and a PE ratio of -137.94. The company has a fifty day moving average price of $46.06 and a 200-day moving average price of $51.28.

Defiance Daily Target 1.75X Long MSTR ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Tuesday, December 31st were issued 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 (DPR) 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.