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 Friday. Investors purchased 33,341 call options on the company. This is an increase of 26% compared to the average volume of 26,514 call options.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Defiance Daily Target 1.75X Long MSTR ETF stock. MassMutual Private Wealth & Trust FSB acquired a new position in Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ:MSTX) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,530 shares of the company’s stock, valued at approximately $39,000. Institutional investors and hedge funds own 4.09% of the company’s stock.

Defiance Daily Target 1.75X Long MSTR ETF Trading Up 10.3 %

MSTX stock opened at $36.88 on Friday. The firm has a 50 day moving average of $27.78 and a 200-day moving average of $52.15. The firm has a market capitalization of $1.61 billion and a P/E ratio of -216.94. Defiance Daily Target 1.75X Long MSTR ETF has a 12 month low of $15.18 and a 12 month high of $220.99.

About Defiance Daily Target 1.75X Long MSTR ETF

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.