Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Trading Down 15.8% – What’s Next?

Posted by James Quigley on Jun 12th, 2026

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Get Free Report)’s share price fell 15.8% during trading on Tuesday . The stock traded as low as $13.81 and last traded at $14.57. 5,530,775 shares traded hands during trading, a decline of 2% from the average session volume of 5,649,564 shares. The stock had previously closed at $17.31.

Defiance Daily Target 1.75X Long MSTR ETF Stock Up 8.1%

The stock has a market capitalization of $185.81 million, a price-to-earnings ratio of -89.59 and a beta of 3.71. The company’s 50-day simple moving average is $27.88 and its 200 day simple moving average is $33.61.

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

Several hedge funds have recently bought and sold shares of the business. Parallel Advisors LLC increased its position in Defiance Daily Target 1.75X Long MSTR ETF by 650.0% during the third quarter. Parallel Advisors LLC now owns 1,500 shares of the company’s stock worth $32,000 after buying an additional 1,300 shares during the last quarter. Bogart Wealth LLC acquired a new position in Defiance Daily Target 1.75X Long MSTR ETF during the fourth quarter worth $31,000. Jump Financial LLC increased its position in Defiance Daily Target 1.75X Long MSTR ETF by 431.4% during the fourth quarter. Jump Financial LLC now owns 54,077 shares of the company’s stock worth $208,000 after buying an additional 43,900 shares during the last quarter. Farther Finance Advisors LLC increased its position in Defiance Daily Target 1.75X Long MSTR ETF by 20,359.6% during the fourth quarter. Farther Finance Advisors LLC now owns 112,528 shares of the company’s stock worth $433,000 after buying an additional 111,978 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in Defiance Daily Target 1.75X Long MSTR ETF during the second quarter worth $12,726,000. 4.09% of the stock is owned by institutional investors and hedge funds.

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.