Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Stock Price Down 9.9% – Should You Sell?

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) shares traded down 9.9% on Monday . The stock traded as low as $28.48 and last traded at $30.38. 3,122,690 shares changed hands during trading, a decline of 67% from the average session volume of 9,393,274 shares. The stock had previously closed at $33.71.

Defiance Daily Target 1.75X Long MSTR ETF Trading Down 3.5 %

The firm has a market capitalization of $1.03 billion and a PE ratio of -189.87. The stock has a fifty day moving average price of $52.03.

Defiance Daily Target 1.75X Long MSTR ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Tuesday, December 31st were paid 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 payout ratio is currently -8,482.35%.

Defiance Daily Target 1.75X Long MSTR ETF Company Profile

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.