Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST) Stock Jumps 0.1% – What’s Next?

Shares of Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST – Get Free Report) were up 0.1% during trading on Friday. The stock traded as high as $12.82 and last traded at $12.16. Approximately 2,101,293 shares traded hands during mid-day trading, an increase of 267% from the average daily volume of 572,283 shares. The stock had previously closed at $12.15.

Defiance Daily Target 1.5X Short MSTR ETF Stock Up 0.1%

The company’s fifty day moving average price is $32.82 and its two-hundred day moving average price is $43.50.

About Defiance Daily Target 1.5X Short MSTR ETF

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The Defiance Daily Target 2x Short MSTR ETF (SMST) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide 2x inverse exposure to the daily share price movement of MicroStrategy Incorporated (NYSE: MSTR), less fees and expenses. SMST was launched on Aug 20, 2024 and is issued by Defiance.

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