Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Stock Falls 2% – Should You Sell?

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Get Free Report)’s share price was down 2% during trading on Monday. The company traded as low as $17.43 and last traded at $17.90. 5,040,648 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 6,722,054 shares. The stock had previously closed at $18.26.

Defiance Daily Target 1.75X Long MSTR ETF Stock Down 11.8%

The company has a 50-day simple moving average of $14.90 and a two-hundred day simple moving average of $18.25. The stock has a market cap of $314.68 million, a P/E ratio of -92.00 and a beta of 4.36.

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.

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