Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Shares Gap Down – Should You Sell?

Posted by Amy Steele on Mar 28th, 2025

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $37.02, but opened at $36.00. Defiance Daily Target 1.75X Long MSTR ETF shares last traded at $34.08, with a volume of 2,369,649 shares trading hands.

Defiance Daily Target 1.75X Long MSTR ETF Stock Down 3.2 %

The company has a fifty day moving average price of $37.10 and a 200 day moving average price of $51.94. The stock has a market cap of $1.05 billion and a PE ratio of -195.88.

Defiance Daily Target 1.75X Long MSTR ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were issued 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 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.