Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST – Get Free Report)’s stock price shot up 12% during mid-day trading on Tuesday . The stock traded as high as $27.36 and last traded at $26.89. 823,285 shares changed hands during mid-day trading, an increase of 95% from the average daily volume of 421,455 shares. The stock had previously closed at $24.00.
Defiance Daily Target 1.5X Short MSTR ETF Stock Performance
The business has a 50-day moving average price of $54.10 and a 200-day moving average price of $50.89.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Defiance Daily Target 1.5X Short MSTR ETF stock. Jump Financial LLC bought a new stake in shares of Defiance Daily Target 1.5X Short MSTR ETF (NASDAQ:SMST – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 26,480 shares of the company’s stock, valued at approximately $2,457,000. Jump Financial LLC owned approximately 7.36% of Defiance Daily Target 1.5X Short MSTR ETF at the end of the most recent quarter.
Defiance Daily Target 1.5X Short MSTR ETF Company Profile
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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