Defiance Daily Target 1.75X Long MSTR ETF Sees Unusually Large Options Volume (NASDAQ:MSTX)

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) was the recipient of unusually large options trading activity on Wednesday. Stock traders bought 34,406 call options on the company. This is an increase of approximately 54% compared to the typical volume of 22,328 call options.

Defiance Daily Target 1.75X Long MSTR ETF Stock Performance

Shares of Defiance Daily Target 1.75X Long MSTR ETF stock opened at $33.38 on Thursday. The firm has a fifty day moving average of $44.20 and a two-hundred day moving average of $51.34. The stock has a market capitalization of $1.05 billion and a price-to-earnings ratio of -196.35. Defiance Daily Target 1.75X Long MSTR ETF has a 52 week low of $15.18 and a 52 week high of $220.99.

Defiance Daily Target 1.75X Long MSTR ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Tuesday, December 31st were issued a $14.4276 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. Defiance Daily Target 1.75X Long MSTR ETF’s dividend payout ratio (DPR) is presently -8,482.35%.

Defiance Daily Target 1.75X Long MSTR ETF Company Profile

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.