Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) Trading Down 12.5% – Here’s Why

Posted by Dante Gardener on Jul 25th, 2026

Shares of Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX – Get Free Report) dropped 12.5% during trading on Thursday . The company traded as low as $7.99 and last traded at $8.24. 7,859,880 shares changed hands during mid-day trading, an increase of 29% from the average session volume of 6,092,540 shares. The stock had previously closed at $9.42.

Defiance Daily Target 1.75X Long MSTR ETF Stock Down 4.6%

The company’s fifty day moving average is $15.29 and its 200 day moving average is $24.96. The firm has a market cap of $129.77 million, a price-to-earnings ratio of -46.24 and a beta of 4.25.

Institutional Investors Weigh In On Defiance Daily Target 1.75X Long MSTR ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bogart Wealth LLC acquired a new position in shares of Defiance Daily Target 1.75X Long MSTR ETF during the 4th quarter worth about $31,000. Parallel Advisors LLC increased its position in shares of Defiance Daily Target 1.75X Long MSTR ETF by 650.0% in the third quarter. Parallel Advisors LLC now owns 1,500 shares of the company’s stock valued at $32,000 after acquiring an additional 1,300 shares during the last quarter. Jump Financial LLC raised its holdings 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 acquiring an additional 43,900 shares in the last quarter. Farther Finance Advisors LLC raised its holdings 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 acquiring an additional 111,978 shares in 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 valued at approximately $12,726,000. 4.09% of the stock is owned by institutional investors.

About Defiance Daily Target 1.75X Long MSTR ETF

(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.