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) shares gapped down prior to trading on Monday . The stock had previously closed at $24.23, but opened at $23.10. Defiance Daily Target 1.75X Long MSTR ETF shares last traded at $23.49, with a volume of 3,574,781 shares trading hands.

Defiance Daily Target 1.75X Long MSTR ETF Trading Down 4.8%

The business’s 50-day moving average price is $34.77 and its 200-day moving average price is $33.50. The stock has a market cap of $706.73 million and a PE ratio of -135.19.

Hedge Funds Weigh In On Defiance Daily Target 1.75X Long MSTR ETF

Several institutional investors have recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Defiance Daily Target 1.75X Long MSTR ETF in the first quarter valued at approximately $39,000. Vestor Capital LLC grew its position in shares of Defiance Daily Target 1.75X Long MSTR ETF by 39.9% during the 1st quarter. Vestor Capital LLC now owns 3,544 shares of the company’s stock valued at $91,000 after acquiring an additional 1,011 shares during the period. OLD Mission Capital LLC purchased a new stake in shares of Defiance Daily Target 1.75X Long MSTR ETF during the 1st quarter valued at about $449,000. Sterling Investment Advisors Ltd. purchased a new position in Defiance Daily Target 1.75X Long MSTR ETF during the second quarter valued at approximately $315,000. Finally, BNP Paribas Financial Markets acquired a new position in Defiance Daily Target 1.75X Long MSTR ETF during the second quarter valued at $12,726,000. 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.

Featured Articles

Receive News & Ratings for Defiance Daily Target 1.75X Long MSTR ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Defiance Daily Target 1.75X Long MSTR ETF and related companies with MarketBeat.com's FREE daily email newsletter.