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

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTXGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $29.77, but opened at $26.56. Defiance Daily Target 1.75X Long MSTR ETF shares last traded at $23.61, with a volume of 3,154,967 shares traded.

Defiance Daily Target 1.75X Long MSTR ETF Trading Down 20.6 %

The business has a 50 day moving average price of $50.53. The company has a market cap of $746.19 million and a price-to-earnings ratio of -136.67.

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 $14.4276 dividend. The ex-dividend date was Tuesday, December 31st. Defiance Daily Target 1.75X Long MSTR ETF’s 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.

Further Reading

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