Short Interest in Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST) Grows By 36.5%

Posted by Jessica Moore on Nov 3rd, 2025

Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 397,700 shares, a growth of 36.5% from the September 30th total of 291,400 shares. Approximately 58.5% of the company’s stock are short sold. Based on an average daily volume of 1,212,400 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 1,212,400 shares, the days-to-cover ratio is currently 0.3 days. Approximately 58.5% of the company’s stock are short sold.

Defiance Daily Target 1.5X Short MSTR ETF Price Performance

Shares of SMST stock traded up $1.47 on Monday, reaching $38.28. 567,438 shares of the company were exchanged, compared to its average volume of 1,264,590. Defiance Daily Target 1.5X Short MSTR ETF has a one year low of $17.59 and a one year high of $729.00. The company has a 50-day moving average of $30.05 and a 200-day moving average of $27.74.

Institutional Investors Weigh In On Defiance Daily Target 1.5X Short MSTR ETF

An institutional investor recently raised its position in Defiance Daily Target 1.5X Short MSTR ETF stock. Flow Traders U.S. LLC lifted its stake in shares of Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST – Free Report) by 137.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 138,782 shares of the company’s stock after purchasing an additional 80,437 shares during the period. Flow Traders U.S. LLC owned 0.44% of Defiance Daily Target 1.5X Short MSTR ETF worth $568,000 at the end of the most recent quarter.

Defiance Daily Target 1.5X Short MSTR ETF Company Profile

(Get Free Report)

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.